Thursday, March 4, 2021

Stock Market Extends Losing Streak, Sheds N130Bn



The market capitalisation of equities on the nation’s stock market declined by N130bn last week as negative sentiments persisted amid profit-taking.

The Nigerian Stock Exchange All-Share Index closed at 40,186.70 basis points on Friday, down from 40,439.85 a week before.

The market capitalisation dropped by 0.61 per cent to close at N21.03tn last week from N21.16tn in the previous week