Tuesday, 25 February 2014

N925b lost in stocks within 36 days

The market capitalization of the equity listed on the Nigerian Stock Exchange lost  N925 billion from the beginning of the year till date, reports Daily Trust.

The market fell sharply shedding about 6.99 percent to close at N12.301 trillion from N13.226 trillion recorded when it opened on January 2, 2014.

The NSE All Share Index went down about 3 033.45 basis points from 41 329.19 points to close at 38 295.74 points within the 36 trading days that the market opened in 2014.

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