NSE market capitalisation drops further by N85bn

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Dealers at the Nigeria stock Exchange
The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday dropped by N85 billion in a bearish trading.
The market capitalisation which opened at N11.508 trillion lost N85 billion to close at N11.423 trillion, due to huge loses by blue chip companies.
Also, the All-Share Index lost 402.31 points or 1.19 per cent to close at 33,466.41, against the 33,868.72 posted at the close of business on Wednesday.
Nestle topped the losers’ table, dropping N10 to close at N870 per share.
Seplat Petroleum trailed with N7 to close at N338, while Dangote Cement lost N3 to close at …Read More

Source:: PM Newspaper