Market Capitalization Losses N214billion on First Trading Day

The Nigerian Stock Market  resumed the new week with a staggering loss of N214 billion on Tuesday, March 29 as bear hold dominates trading.

The market capitalization dipped from N8.909 trillion it resumed the week to close at N8.695 trillion yesterday.

Also, market turnover closes negative as volume declined by 28.80 per cent against 0.31 per cent downward recorded in the previous session.

At the end of the trading, FCMB Plc was target of investors with 60,200 million accounted for N46.838 million, Guaranty Trust Bank Plc followed with 34.706 million valued at N503.175 million, UBA Plc with 32.621 million worth N122.066 million, Unity Kapital Plc with 22.456 million at N11.228 million and FBN Holdings Plc with 21.715 million amounted to N70.660 million.

 

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