Article: United States: Nigeria: Share Value On NSE Dips By N16 Billion.

Byline: sander03

The value of listed equities on the Nigerian Stock Exchange (NSE) dipped on Monday by N16.52 billion.Particularly, the value of listed equities, represented by the market capitalisation, dropped by 0.36 per cent to close at N4.570 trillion from N4.586 trillion at which it opened.Another indicator, the All-share index also dipped by 0.36 per cent or 73.39 basis points to close at 20,296.67 points from 20,370.06 points.This was in spite of more gains on the share prices of quoted equities than losses. Essentially, as at the close of business, 37 stocks recorded share price gain, 36 stocks recorded price losses while 47 stocks remained unchanged.

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