4 results for “Market Capitalisation”
The All-Share Index edged up 0.01 per cent to 247,707.13 points for a second straight gain, but decliners outpaced gainers and the value of trades contracted sharply, leaving the rally resting on a narrow band of energy stocks.
The NGX All-Share Index fell 0.09% to 247,513.63 as profit-taking in heavyweight stocks wiped N144.54 billion off market capitalisation.
The All-Share Index fell 0.97% in the week ended 9 October, while trading value increased despite a drop in share volume.
A sustained run in financial-sector stocks lifted the value of the Nigerian Exchange to a record N164 trillion at the end of September, capping one of the strongest equity rallies in years.