NSE Market Capitalisation Down By N55bn

Trading on the Nigerian Stock Exchange (NSE) on Thursday, ended on a negative trend with the market capitalisation shedding N55 billion due to profit taking.

The market capitalisation which opened at N9.687 trillion lost N55 billion or 0.57 per cent to close at N9.632 trillion.

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Also, the All-Share lost 161.66 points or 0.57 per cent to close at 28,046.96 to close at 28,208.62.

NAN reports that Nigerian Breweries topped the losers’ chart, dropping by N1.21 to close at N138.71 per share.
Flour Mills trailed with a loss of 87k to close at N21.14 and Zenith Bank shed 49k to close at N16.31 per share.

Berger Paint declined by 40k to close at N7.63, while Ecobank Transnational Incorporated lost 35k to close at N12.93 per share.

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Daniel Enisan is a content writer at edliner.com. With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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