Nigerian stock market cap loses N421.07bn

Nigerian bourse value crashed to N27.84 trillion, as the stock market capitalisation dipped by -1.48 per cent on Monday, from N28.26 trillion. This represents a loss of N421.07 billion.

The All-Share Index depreciated from 51,893.94 ASI to close at 51,120.94 ASI, after shedding 773 basis points.

Investors traded 226.59 billion shares, valued at N1.56 billion, in 4,373 deals on Monday.