Equities’ Investors Lose N50bn

Equities’ Investors Lose N50bn …C0NTINUE READING HERE >>>

Nigerian equities investors lost N50 billion as bearish sentiment prevailed at the close of yesterday trading.

The All-Share Index (ASI) lost 87.76 points, representing a loss of 0.09 per cent to close at 96,715.04 points. Also, market capitalisation shed by N50 billion to close at N55.576 trillion.

The decline was driven by price depreciation in large and medium capitalised stocks amongst which are; Julius Berger Nigeria, Oando, Northern Nigeria Flour Mills (NNFM), Skyway Aviation Handling…

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