NSE delists Newrest ASL, market capitalisation loses N141 billion
The Nigerian Stock Exchange (NSE) opened for the week on Monday still on a bearish trend, amid sell pressure and delisting of Newrest ASL from three official list.
Specifically, the All-Share Index declined by 1.26 per cent or 363.37 points to close at 28,484.44 compared with 28,847.81 achieved on Friday.
Also, the market capitalisation shed N141 billion, representing a dip of 1.30 per cent to close at N10.701 trillion against N10.842 trillion on Friday.
This followed the delisting of Newrest ASL 634 million entire share capital from the daily official list of the Exchange……..read more
Source: Premium Times