Nigeria: Nestle, Guinness, Others Lead N124 Billion Stock Market Losses

15 November 2017

Following heavy price losses suffered by virtually all the highly capitalised stocks, especially Nestle, and Guinness, equity transactions on the Nigerian Stock Exchange closed on a downturn yesterday, as market capitalisation depreciated significantly by N124billion.

Yesterday, 32 stocks depreciated in price, as Nestle led the losers' chart with 40.00 kobo to close at N1,250.00 per share, while Guinness followed with 2.01 kobo to close at N100.00 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.