By Chinyere Joel-Nwokeoma
The market capitalisation of Nigerian Stock Exchange on Friday lost N155 billion amid increased profit taking.
Speficially, the capitalisation, which opened at N20.978 trillion lost N155 billion or 0.74 per cent to close at N20.823 trillion.
Similarly, the All-Share Index shed 295.60 points or 0.74 per cent to close at 39,799.89 from 40,095.49 achieved on Thursday.
An analysis of the price movement shows that Wema Bank topped the losers’ chart, dropping by 10 per cent or 7k to close at 63k per share.
Champion Breweries came second with a loss of 10 per cent or 28k to close at N2.52, while Sunu Assurance dipped 9.59 per cent or 7k to close at 66k per share.
Africa Prudential lost 5.74 per cent or 35k to close at N5.75, while Mansard Insurance declined by 5.36 per cent or 6k to close at N1.06 per share.
On the other hand, Lasaco Insurance led the gainers’ table in percentage terms, growing by 9.82 per cent or 11k to close at N1.23 per…
Source: News Agency of Nigeria
