Stock Market Reverses Positive Trend By N131bn Loss

Stock Market Reverses Positive Trend By N131bn Loss …C0NTINUE READING HERE >>>

The Nigerian stock market yesterday halted its four-day bullish streak as the overall capitalization declined by N131 billion, due to price decline in Oando Plc and 24 others.

Consequently, the All-Share Index declined by 227.17 per cent, representing a loss of 0.23 per cent, to close at 98,003.75 points. Similarly, the overall market capitalisation value lost N131 billion to close at N56.316 trillion.

The market negative performance was driven by price depreciation in large and medium…

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