Business NSE market capitalisation dips by 0.25%

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Nigeria- A total of 390.35 billion shares valued at N2.93 billion were traded in 5,012 deals on the Nigerian Stock Exchange (NSE) on Wednesday.

These were against the 701.33 million shares worth N3.30 billion traded in 5,393 deals on Tuesday.

The market capitalisation reportedly depreciated by N31 billion or 0.25 per cent to close at N12.43 trillion from N12.46 trillion recorded on Tuesday.

The All-Share Index, which opened at 38,961.60, lost 117.43 basis points to close at 38,844.17.

Nigerian Breweries led the losers’ chart with a loss of N4.99 to close at N162.01 per share.

Mobil followed, depreciating by N1.34 to close at N118.65, while Unilever dropped 70k to close at N59.86 per share.

Conversely, International Breweries topped the gainers' table with N1.20 to close at N25.20 per share.


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