NSE: Market cap down by 0.32% as investors lose N65.8bn

Written by on August 6, 2021

 Investors at the Nigerian stock market lost N65.8 billion following the drop in equity capitalization at the close of trading on Thursday.

The equity capitalization slipped to N20.21 trillion at the close of the day’s business.

This was 0.32 percent lower than the N20.28 trillion recorded on Wednesday.

The All Share Index was down by 126.32 basis points to settle at 38,801.51 from 38,927.83 achieved the previous day.

Investors traded 139.78 million shares valued at N1.40 billion in 3,655 deals on Thursday.

This was lower than the 206.29 million shares valued at N1.06 billion that exchanged hands in 3,435 deals on Wednesday.

Conoil led the gainers’ chart after recording an N1.85kobo surplus to move from N18.50kobo to N20.35kobo per share.

Chi Plc gained 8.93 percent during trading to increase its share price from N0.56kobo to N0.61kobo per share.

The sovereign Insurance share price rose by 7.69 percent to end trading at N0.28kobo from N0.26kobo per share.

The regal Insurance share price was up by 7.14 percent to move from N0.42 to N0.45kobo per share at the end of trading.

Mutual Benefit share price increased by 5.56 percent to end trading with N0.38kobo from N0.36kobo per share.

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