Profit taking: NSE All-Share Index drops 0.13 per cent

The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday bowed to profit taking after two-day upward trend.
The News Agency of Nigeria (NAN) reports that the index lost 33.59 per cent to close at 26,536.21 compared with 26,569.80 achieved on Thursday.

Also, the market capitalisation which opened at N12.823 trillion shed N18 billion to close at N12.807 trillion.

MTN dominated the laggards’ table with a loss of N2. 70 to close at N115.30 per share.

GlaxoSmithKline trailed with a loss of 55k to close at N5.25, while United Bank for Africa dipped 25k to close at N6.60 per share.

Oando was down by 18k to close at N3.62, while Caverton declined by 10k to close at N2.45 per share.

On the other hand, Presco led the gainers’ table, appreciating N2.05 to close at N43.50 per…

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