|
|
Article: Nigeria: Equities loss drags down index, capitalisation by 1.28%.
- Article from:
- TendersInfo
- Article date:
- June 5, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Mamta03
Driven by losses on the share prices of majority of the blue chips companies, the performance indices of the Nigerian Stock Exchange (NSE), the All-share index and market capitalisation both dropped on Tuesday by 1.28 per cent each.
Okereke-OnyiukeParticularly, the index which opened at 58,928.84 points lost 751.64 basis points to close at 58,177.20 points while the capitalisation closed at N11.48 trillion from N11.63 trillion at which it opened.
Oando Plc recorded the highest share price loss, dropping by N10.66 to close at N203.35 per share from N214.01 per share at which it opened. Seven-up Bottling Company Plc followed with ...