NSE: Market Capitalisation Sheds N148bn

Transactions on the
floor of the Nigerian Stock Exchange last Wednesday ended in red as market capitalisation she N148 billion to close lower at N13.288 trillion.
This is in contrast to N13.436 trillion at the end of transaction last Tuesday at the Exchange.
All-share index (AS) also declined by 461.69 points or 1.10 per cent to close lower at 41.469.94 points as against 41.931.63 points traded on Tuesday at NSE.
Investors traded a total of 326.16 million shares valued at N3.37 billion in 5,904 deals compared to 276.44 million shares worth N3,06 billion which exchanged hands in 5,698 deals by investors on Tuesday at NSE.
The gainers table on Wednesday was led by Forte Oil after gaining N7.81k per share to close at N90.24k per share.
Julius Berger followed with a gain of N4.90k per share, closing at N70.00 per share, as Presco occupied the third position on the table with N2.05k gain per share to close at N43.11k per share.
On the other hand, Nestle Plc lost N14.99k per share to lead the losers table, closing at N1,160.00 per share.
Nigerian Breweries followed after losing N1.58k in its share price to close at N164.32k per share.
Although the transactions on Tuesday ended on positive ended on a negative note also, though market capitalization has sustained the closing of N13 trillion and above.