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Investors lose N280bn as 23 firms share prices fall

Punch Newspapers Sections Published 29 April 2021 Investors in the Nigerian stock market lost N274bn on Wednesday as 23 firms saw their share prices drop at the end of trading. The Nigerian Stock Exchange All-Share Index fell by 1.33 per cent to 38,781.48 basis points from 39,305.48bps. The market capitalisation of equities declined to N20.30tn on Wednesday from N20.58tn on Tuesday. A total of 259.51 million shares valued at N1.91bn were traded by investors in 3,547 deals at the end of trading on the floor of Nigerian Exchange Limited. FTN Cocoa a Plc led the losers as its share price dropped by 10 per cent to close at N0.36.

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