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NGX opens December with N409bn loss | The Guardian Nigeria News - Nigeria and World News

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Activities on the Nigerian Exchange Ltd. (NGX) resumed the month of December on Wednesday in red with a loss of N409 billion due to profit taking in MTN Nigeria Communications (MTNN) and 22 others.

Specifically, the market capitalisation which opened at N22.566 trillion shed N409 billion or 1.81 per cent to close at N22.157 trillion.

Royal Exchange declined by 5.56 per cent to close at 51k, while Honeywell Flour Mills shed 5.32 per cent to close at N3.74 per share. Nigerian Exchange Group increased by 3.66 per cent to close at N17, while FTN Cocoa processors appreciated by 2.56 per cent to close at 40k per share.

 

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