NGX resumes Sept with N19bn loss - Punch Newspapers

Specifically, the market capitalisation shed N19 billion or 0.09 per cent to close at N20.415 trillion compared with N20.434 trillion recorded on Tuesday.

Also, the All-Share Index which opened at 39,218.61 inched lower by 34.43 points or 0.09 per cent to close at 39,184.18.The market negative performance was driven by price depreciation in large and medium capitalised stocks amongst which are Nigerian Breweries, UACN, Honeywell Flour Mills, Morison Industries and Dangote Sugar Refinery.FTN Cocoa Processors led the losers’ chart in percentage terms by 8.77 per cent to close at 52k per share.

Morison Industries followed with 5.42 per cent to close at N1.92, while UACN Property Development Company lost 4.84 per cent to close at N1.77 per share. Jaiz Bank dropped 4.76 per cent to close at 60k, while Wema Bank shed 4.65 per cent to close at 82k per share.

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NGX ends August bearish as capitalisation dips further by N56bn | The Guardian Nigeria News - Nigeria and World NewsTransactions on the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, to end trading for the month of August lower, as sell-pressure in highly capitalised stocks dragged market capitalisation further by N56 billion.
Source: GuardianNigeria - 🏆 1. / 94 Read more »