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| Trading floor |
The market capitalization decreased by N25 billion or 0.10 per cent to close at N24.094 trillion on Thursday from 24.119 trillion on Wednesday, as the equity market continued to experience losses.
The All-Share Index also declined, dropping 46.32 points, or 0.10 per cent, to 44,236.70 from the previous day's reading of 44,283.02.
The shares of Zenith Bank and FBN Holding were sold off, which contributed to the poor performance.
With UPDC Real Estate Investment Trust leading the gainers' chart with 9.09% to close at N3 per share, there were eight gainers overall and 16 losers.
Trans Nationwide Express rose 8.82% to close at 74k, followed by Champion Breweries, which rose 7.81% to conclude at N3.45 per share.
Also, Japaul Gold and Ventures rose by 7.69 per cent to close at 28k, while Cutix Plc appreciated by 4.88 per cent to close at N2.15 per share.
Conversely, Prestige Assurance Company led the losers’ chat with a depreciation of 9.80 per cent to close at 0.46 per share.
Caverton Offshore Support Group declined by 9.38 per cent to close at 87k, while Sunu Assurances went down by 8.57 per cent to close at 32k per share.
Unilever Nigeria fell by 8.29 per cent to close at N9.95 per share.
Also, Multiverse Mining and Exploration lost by 8.23 per cent to close at N4.24 per share.
(NAN)