Market Capitalisation: Market and All-Share Index

market capitalisation: Part of the report read Also, the All-Share Index lost 226.30 points or 0.69 per cent to close at 32,473.82, compared with 32,700.12 recorded on Monday, according to The Independent. Ambrose Omordion, the chief operating officer, Invest Data Ltd., attributed the market pullback to profit taking embarked by some smart investors. The news medium reports that, specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion. Omordion said the smart money that pushed the market up with expectations that the opposition would win the presidential election were leaving the market. This pullback may not last as a result of 2019 dividend declaration season as dividend yield of financial service stocks are high and attractive due to low prices. Day 2 Buhari continues to lead as results of more states are released He said some investors who entered the market in anticipation that the opposition economic policy and reforms would support market growth were taking profit ahead of earnings season. (news.financializer.com). As reported in the news.