Equities investors lose N98bn as bears persist
Share Bears continue to consolidate its grip on the local stock market, on Thursday, as the All-Share Index (ASI) of the Nigerian Exchange (NGX) dips further 0.49 per cent. Specifically, the ASI was pegged at 38,044.58 basis points at the end of trading activities, on Thursday, just as the market capitalisation stood at N19.830 trillion as investors shed N98 billion from their net worth. This negative outing brought the year-to-date performance of the All-Share Index to stand at -5.53 per cent. The market breadth followed suit the direction of the All-Share Index as 16 counters in the gainers...
Source: tribuneonlineng.com