NGX sheds 1.02%, wipes N1.62trn from market cap in midweek sell-off

Sunnewsonline | 21-05-2026 05:42pm |

On Wednesday, the Nigerian equities market experienced a downturn, with the NGX All-Share Index falling by 1.02 percent to finish at 249,062.37 points. This decline resulted in a significant reduction of N1.62 trillion from the overall market capitalisation, which now stands at N159.66 trillion. The sell-off reflects a broader trend in the market as investors reacted to various economic factors influencing trading activities.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.