Sell-off by investors was the main activity on the floor of the Nigerian capital market after the resumption of trading on Wednesday, IgbereTV reports
The bourse resumed from the two-day Eid-el-Kabir holiday with the shareholders’ investment drooping by -0.32 percent after eight hours of trading on Wednesday.
The equity capitalization dropped by N90.14 billion to close at N27.71 trillion, down from N27.80 trillion posted last Friday.
The All-Share Index was down by 167.16 basis points to settle at 51,390.25 as against 51,557.41 recorded last week.
Meanwhile, investors traded 198.81 million shares worth N2.18 billion in 4,769 deals on Wednesday.
This surpassed the 115.13 million shares valued at N1.77 billion traded by investors in 3,479 deals on Friday.
CWG led the gainers with a 10 percent rise in share price to move from N0.80kobo to N0.88kobo per share.
Caverton gained N0.12kobo to move from N1.22kobo to N1.34kobo per share.
Academy’s share value was up by N0.18kobo to end trading with N2.07 from N1.89kobo per share
