Market capitalisation drops ₦5bn on NGX

The All Share Index (ASI) decreased by 8.83 points, representing a decline of 0.02 per cent to close at 51,944.58 from 51,953.41 on Wednesday.

Similarly, the market capitalisation lost ₦5 billion or 0.02 per cent to close at N28.295 trillion as against ₦28.3 trillion posted at the previous session.

The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; May & Baker Nigeria, Zenith Bank, Nigerian Exchange Group, Fidelity Bank and Africa Prudential.