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Stock market opens weekly trading with N54bn loss

  • 📰 Daily Trust
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The Nigerian equities market began trading for the week on Monday still in a negative mood with the market capitalisation losing N54 billion or 0.27 percent to close at N20.089 trillion from N20.143tr achieved on Friday.

Specifically, the All-Share Index which opened for the week at 38,648.91 shed 103.61 points or 0.27 percent to close at 38,545.30.The market loss was driven by price depreciation in large and medium capitalised stocks, amongst which are Fidson Healthcare, Lasaco Assurance, Oando, Ecobank Transnational Incorporated and Dangote Sugar Refinery.

 

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