NSE market capitalisation resumes week with N35bn loss

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Market capitalisation, which opened at N13.145 trillion, inched lower by N35 billion or 0.27 per cent to close at N13.110 trillion.

Also, the All-Share Index lost 67.17 points or 0.27 per cent to close at 25,132.67 from 25,199.84 achieved on Friday.

Also, analysts at Afrinvest Limited said, “Given the sell-offs that dominated today’s trading session, we anticipate bargain hunting in subsequent trading days.” Honeywell Flour Mill lost 3.16 per cent to close at 92k, while Cutix dropped 2.78 per cent to close at N1.75 per share. In the same vein, the total volume of shares traded dipped 66.59 per cent with an exchange of 161.23 million shares worth N1.85 billion achieved in 3,597 deals.

 

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