NGX market capitalisation sheds N176bn over selloffs

NGX market capitalisation sheds N176bn over selloffs …C0NTINUE READING HERE >>>

The domestic bourse on Wednesday halted its three consecutive sessions of gain, as the market capitalisation shed N176 billion or 0.32 per cent. Specifically the Nigerian Exchange Ltd. (NGX) market capitalisation which opened at N55.437 trillion, closed at N55.261 trillion.

The All-Share Index also lost 0.32 per cent or 307 points to close at 96,203.65, against 96,510.13 recorded on Tuesday. Consequently, the Year-To-Date (YTD) return decreased by 28.66 per cent.

Selloffs in MTN…

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