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NGX: GlaxoSmithKline, C&I among worst equities as investors lose N12.5bn in 8 hours

Investors in the Nigerian capital market lost N12.52 billion at the close of trading on Thursday, IgbereTV reports

This followed the drop in equity capitalization from N28.67 trillion to N28.66 trillion after eight hours of trading.

The All-Share Index was down by 23.25 basis points to close at 53,170.73 compared to 53,193.98 achieved the previous day.

Investors traded 318.41 million shares worth N3.33 billion in 4,345 deals on Thursday.

This surpassed the 248.95 million shares valued at N1.86 billion traded by investors in 4,265 deals on Wednesday.

UPL led the gainers with N0.25kobo to move from N2.65kobo to N2.90kobo per share.

Cornerstone gained 8.93 percent to move from N0.56kobo to N0.61kobo per share.

Ellah Lakes share was up by N0.27kobo to end trading with N3.69kobo from N3.42kobo per share.

International Breweries gained N0.30kobo to close at N7.40kobo from N7.10kobo per share

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