Profit taking: NSE All-Share Index loses 0.24%


Activities on the Nigerian Stock Exchange (NSE) nosedived on Thursday with the All-Share Index dropping by 0.24 per cent amid profit taking.

The index shed 87.43 points or 0.24 per cent to close at 37,051.54 compared to 37,138.97 achieved on Wednesday.

Also, the market capitalisation which opened at N12.853 trillion lost N30 billion to close at N12.823 trillion due to price loss by some blue chips.

Dangote Cement topped the losers’ table, dropping by N1.99 to close at N229.01 per share.

Nigerian Breweries trailed with a loss of 89k to close at N143 and NASCON dipped 63k to close at N15.35 per share.

Zenith International Bank was down by 48k to close at N25.10, while Dangote Sugar depreciated by 21k to close at N15.25 per share.

On the other, Mobil Oil led the gainers’ table with a gain of N11.99 to close at N165 per share.

International Breweries followed with a gain of N3.79…

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