NGX Market Cap Up N1 45trn on 98% Contribution by Seplat, Dangote Cement, 15 Others thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
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Johnson Okafor
Transactions in the Nigerian equity market on Thursday closed on a negative note as losing streak extends to the fourth consecutive trading day, following sell-off on some high valued stocks.
The market breadth closed negative, recording six gainers and 40 losers.
The Nigerian Stock Exchange All-Share Index dipped 444 basis points or 1.27 per cent to close at 34,577.26 index points as against 35,021.26 recorded the previous trading session.
The market capitalisation of equities depreciated by N232bn from N18.30tn the previous day to N18.07tn as market sentiment remained in the negative territory.
Meanwhile, a turnover of 553.95 million shares exchanged in 6,441 deals was recorded in the day’s trading.