NSE Index Down By 0.20%, Closes On Negative Trend

Trading on the Nigerian Stock Exchange (NSE) on Wednesday recorded low gain, with the All-Share Index dropping by 0.21 per cent. The index closed lower at 38,187.28 compared to 38,264.75 achieved on Tuesday, indicating a loss of 77.47 points or 0.21 per cent. In the same vein, the market capitalisation which opened at N13.617 trillion shed N28 billion or 0.21 per cent to close at N13.589 trillion.

An analysis of the price movement table showed that Mobil Oil topped the losers’ chart for the day, dropping by N17.80 to close at N176.80 per share. Dangote Cement trailed with a loss of N7 to close at N223, while Presco was down by N2 to close at N66.50 per share.

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Author: see naija

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