Investors lost N37bn at Nigerian Stock Exchange amid sell-offs in banks

Investors lost N37bn at Nigerian Stock Exchange amid sell-offs in banks …C0NTINUE READING HERE >>>

Investors at the Nigerian Stock Exchange recorded N37 billion in the domestic equity market driven by sell-offs in Tier One banking stocks on Friday.

This comes as market capitalization at NGX opened at N56.615 trillion, shed N37 billion or 0.07 per cent to close at N56.578 trillion.

Also, the All-Share Index (ASI) dropped by 0.07 per cent or 65 points, ending the day at 98,458.68 points, down from 98,523.56 points.

Accordingly, the year-to-date return decreased by 31.68 percent.

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