Dangote Cement drags market into N6bn loss

Stanley Opara
The Nigerian Stock Exchange market capitalisation declined by N6bn on Thursday following a major decline in the performance of Dangote Cement Plc stocks.
 The NSE capitalisation fell to N12.130tn from N12.136tn as the All-Share Index closed at 35,188.97 basis points from 35,207.89 basis points.
A total of 429.224 million shares valued at N8.68bn exchanged hands in 3,271 deals.
The Nigerian equities market closed negative, after shedding 0.05 per cent, thereby settling the year