Capital Market Finance

Investors lose N36bn as stock market slides further

The Nigerian Exchange Limited on Tuesday continued its downward trend as investors lost N36billion at the close of trading.
The All-Share Index lost 65.47 points to settle at 55,722.9 from the 55,788.37 points recorded on Monday.
The market capitalisation also dropped by 0. 118 per cent to close the day at N30.355trillion.
A total of 199,268,791 shares worth N2.813bn were traded on the floor of the exchange in 3,898 deals.
Market sentiments continued to be negative as 17 equities ended up on the losers’ table with only nine stocks gaining at the end of trading.
Topping the losers’ table were Chams which lost eight per cent to close trading at N0.23, Prestige Assurance Company which lost 7.32 in percentage terms to close at N0.38 and Linkage Assurance which closed at N0.41 after losing 6.82 per cent of its market value.

Related posts

CBN sacks 7 directors, more 12 to go

Editor

SERAP faults bill seeking to give legislators immunity from prosecution

Meletus EZE 

AFREXIM bank reels out strategies to facilitate AfCFTA in Nigeria

By Meletus EZE

COVID-19: ‘No standing order’ to reduce our revenue by 35%, but… —- Primero MD

Aliyu DANLADI 

Nigeria’s debt to China, France, three others hits $4.26bn

Our Reporter

N1.2tr capital expenditure misses in minister’s 2021 budget breakdown

Our Reporter