Stock market indices dip by 1.01%

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The Nigerian Stock Exchange (NSE) market capitalisation on Friday for the fifth consecutive trading day closed negatively, dipping further by N145 billion.

The News Agency of Nigeria (NAN) reports that the market capitalisation shed N145 billion or 1.01 per cent to close lower at N14.244 trillion against N14.389 trillion achieved on Thursday.

Similarly, the All-Share Index which opened at 39,723.85 lost 400.23 points or 1.01 per cent to close at 39,323.62 following pride loses.

A breakdown of the price movement table shows that Guinness topped the losers’ chart for the day, shedding N4 to close at N100 per share.

Flour Mills Nigeria trailed with a loss of N1.50 to close at N49, Julius Berger was down by N1.45 to close at N27.55 per share, while Glaxosmithkline depreciated by N1.02…



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