Investors lose N437bn amid sell-offs
Equity investors lost N437bn on Monday on the back of sell-offs in some stocks.
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Equity investors lost N437bn on Monday on the back of sell-offs in some stocks.
The Nigerian Exchange market experienced its highest single-day dip in January, shedding about N1.07tn on Wednesday.
The Nigerian Exchange Ltd. closed trading on Wednesday on a negative note, due to price depreciation posted by Tier-one bank stocks and some others. Consequently, the All-Share Index declined by 1,167.46 or 1.4 per cent to close at 82,024.28, as against 83,191.84 recorded on Tuesday. Similarly, the overall market capitalisation which opened at N45.523 trillion
A total of 1.64 billion shares valued at ₦25.38 billion were exchanged in 20,223 deals. | Pulse Nigeria
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