The exchange, in a notice to dealing members obtained by the News Agency of Nigeria, listed the insurance companies as African Alliance Insurance, Cornerstone Insurance, Royal Exchange and STACO Insurance.
The News Agency of Nigeria reports that the index lost 3.58 points or 0.01 per cent to close at 37,988.54 against 37,992.12 posted on Monday.
For instance, the all-share index lost 290.07 points or 0.76 per cent to close at 37,862.53 compared with 38,152.60 recorded on Thursday, while volume of shares traded and value declined by 38.38 per cent and 65.12 per cent, respectively.
According to NSE, the 17 investors are those who suffered from revocation or deregistration of a dealing member firm by Securities and Exchange Commission.
Specifically, the All-Share Index dropped by 39.08 points or 0.10 per cent to close at 38,605.07 compared with 38,644.15 achieved on Tuesday, due to losses by some highly capitalised stocks.
This followed price appreciation by some highly capitalised and medium-size equities with Dangote Cement leading the gainers’ pack with N9.20 to close at N239. 20 per share.
Market analysts attributed the growth to low price attraction and activities of foreign investors presently taking position in the stock.
Further analysis of the gainers’ table indicates that Guaranty Trust Bank followed with N1.75 to close at N40.40, while Mobil Oil rose by N1.50 to close N166 per share.
Speaking at the NSE-London Stock Exchange Dual Listing conference in Lagos, Fashola said investors should be calm because the nation’s economic fundamentals remained strong.
Chidi Okezie, the bank’s Company Secretary, in a notification to the exchange, said Stanbic Africa Holdings (a subsidiary of Standard Bank Group and parent company of Stanbic IBTC Holdings) recently acquired the 1.14 billion shares.
The News Agency of Nigeria reports that the index shed 426.70 points to close at 39,723.85 compared to 40,150.55 achieved on Wednesday.
The News Agency of Nigeria reports that the market capitalisation shed N125 billion or 0.84 per cent to close at N14.734 trillion against N14.859 trillion on Friday.
The News Agency of Nigeria reports that the market capitalisation, which opened at N14.820 trillion rose by N39 billion or 0.26 per cent to close at N14.859 trillion.
The News Agency of Nigeria reports that the price movement showed that Seplat, Dangote Cement and Forte Oil topped the losers’ chart.