Nigeria: NSE's Market Capitalisation Plummets By N37 Billion

27 October 2017

Price losses outweighed gains on the equity sector of the Nigerian Stock Exchange, as many highly capitalised stocks depreciated in price, causing market capitalisation to slide marginally N37 billion.

Yesterday, 27 stocks constituted the losers chart, led by Nigerian Breweries shedding N6.00 to close at N155.00 per share, International Breweries trailed with a loss of N2.72 kobo to close at N51.78 kobo, while Forte Oil depreciated by N2.12 kobo to close at N40.30 per share.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.