Equity market loses N62bn | TheNewsGuru

Equity market loses N62bn | TheNewsGuru …C0NTINUE READING HERE >>>


The equity market began the week on a bearish note, reversing prior session gains with a loss of N62 billion.

The decline was primarily driven by losses in Oando Plc, United Bank for Africa (UBA), Access Corporation, United Capital and Transnational Corporation.

Consequently, the market capitalisation, which opened at N59.534 trillion, dropped by N62 billion or 0.11 per cent to close at N59.472 trillion.

Similarly, the All-Share Index fell by 0.11 per cent or 103.23 points to…

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