NGX: Equities investors lose N12bn as ASI dips by 0.1 per cent
Sentiments in the domestic bourse turned negative, on Wednesday, as investors sold off FBN Holdings shares. Precisely, All Share Index (ASI)
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Sentiments in the domestic bourse turned negative, on Wednesday, as investors sold off FBN Holdings shares. Precisely, All Share Index (ASI)
Equities investors lose N363bn as bears persists at NGX Equities investors lose N363bn as bears persists at NGX Share Negative sentiments persist at the Nigerian Exchange Limited (NGX) leaving the All Share Index (ASI) depreciating by 1.81 per cent on Tuesday. Basically, losses in large-cap stocks like Airtel Africa, Presco, BUA Cement pushed the local stock market to a new year-low as the ASI stood at 37,847.07 basis points, bringing its Year-to-Date performance to -6.02 per cent. Market Capitalisation followed the direction of the ASI to stand at N19.726 trillion, a 1.81 per cent loss from...