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Capitalisation dips by N1.02 trillion amid losses in bank stocks

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Capitalisation dips by N1.02 trillion amid losses in bank stocks

16 Jun, 2026

The Nigerian equities market closed on a downward note yesterday as market capitalisation declined by N1.02 trillion, amid losses in banking and oil stocks. Data by the (NGX) showed that the all-share index (ASI) declined to 243,204.73 points, down from 244,738.74 points recorded on Thursday, June 11, reflecting negative market breadth. Similarly, market capitalisation shed value to close at N155.99 trillion, compared with N156.97 trillion in the previous session, indicating a loss of N1.02 trillion in value................................READ MORE