Stock Exchange Market building Lagos
By Chinyere Joel-Nwokeoma
The Nigerian Stock Exchange (NSE) extended losing streak on Wednesday for the third consecutive days with the market capitalisation declining further by N38 billion.
The market capitalisation dipped N38 billion to close lower at N13.263 trillion compared with N13.301 trillion on Tuesday.
Also, NSE All-Share Index shed 72.41 points or 0.28 per cent to close at 25,424.91 points.
Similarly, the overall market capitalisation size shed N38 billion to close at N13.264 trillion.
The downturn was impacted by loses recorded in large and medium capitalised stocks, amongst which are; Okomu Oil, Unilever, Zenith Bank, C