Market Capitalisation On 3-Day Decline

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Transactions on the Nigerian Stock Exchange (NSE) Friday finished the trading day of the week on a three day consecutive decline

The market capitalisation of the listed equities fell by N43 billion to close at N13.354 trillion, down from N13.397 trillion at the close of Thursday. Also, the Nigerian Stock Exchange All Share Index declined by 128 basis points from 40,572.25 basis points to close at 40,444.39 basis points.

Forte Oil lost N2.95 to lead the losers’ chart and closed its shares’ value at N220.5 per share. Dangote Cement’s stock depreciated by N1.86to close at N217.01, while Guinness dipped by N1.5 to close at N188 per share.

Mobil lost N2 to close at N174 and Okomuoil fell by 99 kobo to close at N33.01 per share.

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