NSE halts positive trend, market capitalisation loses N7bn

Transactions on the Nigerian Stock Exchange (NSE) on Thursday reversed the two-day positive trend, with the market capitalisation dropping by seven billion naira.

Specifically, the market capitalisation, which opened at N14.519 trillion, shed seven billion naira or 0.05 per cent to close at N14.512 trillion.

Law Union and Rock Insurance dipped 12k to close at N1.10, Zenith Bank lost 5k to close at N19.90 per share. Flour Mills followed with a gain of 50k to close at N25, BUA Cement also added 50k to close at N35.80 per share.

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