MARKET CAP SHEDS N8BN AMID MIXED TRADING

The Nigerian Stock Exchange started the new trading week with an N8 bn decline in market value despite improvements in trading activity.
The All-Share Index dipped slightly by 12.54 points, or 0.01 per cent, to close at 109,697.83. Despite the small loss, the ASI posted a one-week gain of 1.33 per cent, a four-week gain of 5.63 per cent, and a year-to-date increase of 6.58 per cent.
However, Market capitalisation at close stood at N69 tn, down by N8 N8bn from the previous close.