Custodian and Investment Plc

The Nigerian Stock Exchange (NSE) on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking. Specifically, the market capitalisation of listed equities dipped N161 billion or 1.27 per cent to N12.531 trillion compared with N12.692 trillion achieved on Thursday. Also, the All-Share Index dropped by 308.85 points or 1.27 per cent to close at 24,045.40 points from 24,354.25 on Thursday. MTN Nigeria dominated the losers’ chart, dropping by N8 to close at N112 per share. Guaranty Trust Bank trailed with a loss of 55k to close at N21.95, while BUA Cement was down by 40k to close at N31.90 per share. Guinness lost 30k to close at N18, while C & I Leasing depreciated by 20k to close at N4.50 per share On the other hand, Nigerian Breweries led the...