FTN Cocoa leads losers as Nigeria’s stock market falls by 0.16%

Trading on Wednesday closed by -0.16 per cent after the market capitalisation of the Nigerian stock exchange settled at N28.65 trillion.

This was below the N28.70 trillion the market capitalisation closed the previous trading day with, indicating N46.73 billion was wiped from the Nigerian bourse value.

It fell on the back of the All-Share Index which slummed to 52,615.51 ASI after losing 85.8 basis points from the 52,701.31 ASI it closed Tuesday with.