FBN Holdings, Zenith Bank top trading as Nigeria’s capital market sheds N386.2bn in five hours

Shareholders in the Nigerian capital market lost N386.2 billion in investment following the dip in equity capitalization by -1.30 percent on Friday.

After five hours of business on the trading floor, the market capitalization crashed from N29.69 trillion to N29.31 trillion to push the bourse into bearish territory.

Similarly, the All-Share Index depreciated by 715.74 basis points to close at 53,804.46 ASI, down from the 54,520.2 achieved on Thursday.

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