Nigerian equity market investors lose N64 billion

Nigerian equity market investors lose N64 billion …C0NTINUE READING HERE >>>

Investors in the Nigerian equity market lost N64 billion on Thursday due to selloffs in Zenith Bank, FBN Holdings, Transcorp Hotels and other stocks.

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The market capitalisation dropped by N64 billion, or 0.12 per cent, closing at N54.983 trillion, down from the opening value of N55.047 trillion.

Similarly, the All-Share Index decreased by 0.12 per cent, losing 114 points to settle at 95,718.05, compared to Wednesday’s 95,831.51.

As a result, the Year-To-Date (YTD)…

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