NSE market capitalisation loses N277 billion

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Nigerian equities market on Monday opened trading for the week with a loss of N277 billion, amidst weak sentiments in the wake of weaker oil prices

decreased by 530.99 points or 2.43 per cent to close at 21, 330.79 against 21, 861.78 on Friday.

This week, analysts at Imperial Asset Managers Ltd. said: “We expect market sentiment to remain volatile, given the circumstances surrounding oil prices and macro-economy development. Prestige Assurance and United Capital shed 8.33 per cent each to close at 55k and N2.20 per share, respectively. DN Meyer grew by 8.70 per cent to close at 50k, while Africa Prudential improved by 8.19 per cent to close at N3.70 per share.

 

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When you put amateur in your government that's what you keep hearing

So, as they lost 277 billion, who are the group/people that gain the 277 billion?

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