NGX: Caverton, Cadbury drag equities market down as investors lose N266bn

The Nigerian equities market reversed days of profit-making on Thursday as investors lost N266 billion at the close of the day’s trading.

This followed the dip in the share prices of stocks like Caverton (Caverton Offshore Support Group), Cadbury (Cadbury Nigeria), and ABC TRANS (Associated Bus Company Transportation), amongst others on the trading floor.

After five hours of trading at the capital market, the equity capitalization crashed to N56.6 trillion from N56.8 trillion recorded by the bourse on Wednesday.