Investors in NGX sheds N83bn in seven days

Investors in NGX sheds N83bn in seven days …C0NTINUE READING HERE >>>

The Nigerian Stock Exchange lost N83 billion last week from 2 to 6 September 2024 as both the All-Share Index and market capitalization depreciated by 0.15 percent because of sell-offs in big stocks.

In the week under review, the ASI closed at 96,433.53 points, while the market capitalization settled at N55.39 trillion.

Despite the bearish trend, the NGX Oil and Gas Index bucked the market’s performance with a 1.52 percent gain.

Further analysis showed that investors traded 2.14 billion…

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