Presidential election: NSE capitalisation loses N85 bn in six hours vanguardngr.com vanguardnews
Specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion.
Omordion said that the smart money that pushed the market up with expectations that the opposition would win the presidential election were leaving the market. Union Bank of Nigeria trailed with a loss of 60k to close at N6.65, while FBN Holdings was down by 30k to close at N8 per share. Air Services added 60k to close at N7.05, while Africa Prudential increased by 44k to close at N4.84 per share.
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