Transactions: NSE market capitalisation drops N22bn

Transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a negative trend with the market capitalisation dropping by N22 billion.
Market capitalisation which opened at N8.50 trillion lost N22 billion or 0.26 per cent to close at N8.48 trillion.

Similarly, All-Share Index lost 66.75 points or 0.27 per cent to close at 24,652.52 points against 24,719.27 achieved on Friday.

A breakdown of the price movement table showed that Nigerian Breweries topped the losers’ chart, dropping by N1.50 to close at N104.50 per share.

Guinness came second with a loss of 41k to close at N99.49 and Oando lost 38k to close at N4.18 per share.