Bears Extend Grip as NGX Sheds ₦580 Billion Amid Mixed Trading

Thewillnews | 05-06-2026 07:29am |

The Nigerian equities market experienced a downturn on Thursday, with significant selling pressure leading to a decline in key performance indicators. The market capitalisation fell by ₦580 billion, decreasing from ₦155.939 trillion at the start of the trading session to ₦155.359 trillion by the close. Additionally, the NGX All-Share Index (ASI) reflected this negative trend, indicating a challenging environment for investors as bargain hunting in selected stocks was unable to counterbalance the prevailing selling activities.

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