NSE: Trading closed on a negative note on Friday, investors lost N40 billion naira.
At the close of business on the floor of the Nigerian Stock Exchange on Friday, traders lost forty billion naira.
Since this week, the floor has been closing in the negative and investors have lost the total three hundred and thirty-nine point nine billion naira this week.
The equity capitalization on Friday fell to twenty –one point eight -one trillion naira, from twenty-one point eight five trillion, a forty-billion-naira loss.
As a result, the All Share Index closed at forty-one thousand, seven hundred and nine point nine from forty-one thousand seven hundred and eighty-five point eight.
At the close trading, four hundred and eight two point one-eight shares exchanged hands, valued at five point five billion naira.
Only fourteen gainers were recorded against thirty-seven losers.
PHARMA-DEKO PLC and PORTLAND PAINT PLC lost ten percent on their share prices to dominate the losers chart, while NORTHERN NIGERIA FLOUR MILL was on top among the fourteen gainers.
Shares of financial sector were the toast of investors as fall in the share prices of ZENNITH BANK, ACCESS BANK, UBA, FIDELITY BANK AND FIRST BANK HOLDING PLC triggered the loss on the floor.
