Home BUSINESS BANKING & FINANCE Investors lose N20.60 Billion In Nigerian Capital Market

Investors lose N20.60 Billion In Nigerian Capital Market

Investors in the Nigerian capital market have lost N20.60 billion following the dip in equity capitalization by -0.07 percent at the close of the day’s business.

After eight hours of trading today, July 4, the equity dropped from N27.94 trillion to N27.92 trillion to push back the bourse into bearish territory.

The All-Share Index was down by 38.22 basis points to close at 51,791.45 compared to 51,829.67 achieved last Friday.

Investors traded 194.12 million shares worth N2.82 billion in 4,899 deals on Monday.

This surpassed 127.03 million shares valued at N1.70billion which exchanged hands in 3,718 deals last week.

Fidson led the gainers with N1.10kobo to move from N11.20kobo to N12.30kobo per share.

Learn Africa gained N0.22kobo to move from N2.25kobo to N2.47kobo per share.

UPDC’s share value was up by N0.10kobo to end trading with N1.13kobo from N1.03kobo per share.

Prestige gained 8.33 percent to close at N0.39kobo from N0.33kobo per share.

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Regal Insurance’s share appreciated by 7.69 percent to rise from N0.26kobo to N0.28kobo per share.

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