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Article: Nigeria: Capitalisation slides further by N64b on the Exchange.
- Article from:
- TendersInfo
- Article date:
- October 29, 2009
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Byline: babalu03
TRANSACTIONS on the floor of the Nigerian Stock Exchange (NSE), yesterday continued on a bearish note as highly capitalised stocks record price loses, causing market indices to slide further by 1.2 per cent.
The few price gains made by some companies were not enough to pull the indices up as price losses continued to outweigh gains on the Exchange.Specifically, at close of trading yesterday, 11 stocks appreciated in price led by Total Nigeria with 8 kobo to close at N168.12 per share.
Flourmill Plc followed, adding 52 kobo to close at N31.00 per share. Stanbic IBTC Nigeria Plc, Unilever Nigeria Plc, Access Bank Plc, Cement ...