Thursday, January 21, 2021

Stock market loses N80bn in first trading week

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Trading activities on the floor of the Nigerian Stock Exchange closed with a loss of N80bn at the end of the first trading week of 2021.

The NSE All-Share Index and market capitalisation depreciated by 0.37 per cent to close the week at 40,120.22 and N20.98tn respectively.

Other indices finished higher with the exception of NSE Premium, NSE Lotus II and NSE Industrial Goods which depreciated by 2.99 per cent, 1.22 per cent and 2.29 per cent while the NSE ASeM and NSE Growth Indices closed flat.