Investors in the nation's bourse lost N1.18 trillion in
November following sell pressure caused by drop in oil price at the global
market.
Statistics from the Nigerian Stock Exchange (NSE) for the
period under review showed that the market capitalisation dropped by N1.18
trillion to close at N11.404 trillion against N12.579 trillion achieved in
October.
The All-Share Index lost 3436.94 basis points or 9.04 per
cent to close at 34,543.05 compared with 37,979.99 posted in October due to
price depreciation.
A total of 9.08 billion shares worth N100.4 billion were
transacted by investors in 93,875 deals against the 7.02 billion shares valued
N73.56 billion traded in 85,372 deals in October.
