NSE: Indices slump as capitalisation sheds N92bn

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The market capitalisation of the Nigerian Stock Exchange (NSE) which opened on Wednesday at N11.763 trillion after the public holiday lost N92 billion or 0.78 per cent to close at N11.671 trillion.

Nigerian Stock Exchange

The All-Share Index also lost 252.45 points or 0.78 per cent to close at 31,969.79 compared with 32,222.24 on Monday.

A breakdown of the price movement table shows that Presco topped the losers’ chart, dropping by N4.10 to close at N62.15 per share.

Dangote Cement trailed with a loss of N3.50 to close at N200, while Guaranty Trust Bank was down by N1.10 to close at N35.85 per share.

Lafarge Africa dropped by N1 to close at N15, while Ecobank Transnational Incorporated depreciated by 50k to close at N15.50 per share.

Conversely, Mobil recorded the highest gain to lead the gainers’ table, gaining N15 to close at N165 per share.

Stanbic IBTC followed with a…



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