N847bn lost as equity market extends downtrend

The Nigerian equity market extended its downtrend to the second consecutive week, losing N847.03bn, due to sell-offs. The All-Share Index and market capitalisation declined by 1.51 per cent, closing the week at 97,100.31 points and N55.13tn, respectively. Investors traded 2.03 billion shares valued at N42.16bn in 45,157 deals, compared to 2.68 billion shares worth N49.02bn Read More

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