NSE market capitalisation drops further by N33 billion - Premium Times Nigeria

Activities on the Nigerian Stock Exchange sustained negative trend on Thursday with the market indicators dropping further by 0.26 per cent.

Also, the market capitalisation of listed equities shed N33 billion or 0.26 per cent to close at N12.914 trillion against N12.947 trillion reported on Wednesday. Also, analyst at Imperial Asset Managers Limited also expected the market to continue within the existing range today amid bargain hunting on low priced stocks.

Cement Company of Northern Nigeria Plc followed with a gain of 50k to close at N15, while Dangote Sugar Refinery gained 45k to close at N11.45 per share.

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Investors Lose N94bn On NSE, As Market Capitalisation Drops To N12trn MarkTransactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors’ net worth dropping by N94 billion. Consequently, the market capitalisation dropped to N12 trillion mark, having lost N94 billion to close at N12.956 trillion compared with N13.050 trillion recorded on Monday. In the same vein, […]
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