NGX: Investors lose N68bn as market extends weekly decline

The Nigerian stock market extended last week’s losses on Monday as investors shed N68 billion through sustained profit-taking. The downturn was driven by 27 declining stocks including NPF Microfinance Bank, Prestige Assurance, Sterling Nigeria and WAPIC Insurance. Market capitalisation opened at N91.414 trillion but closed at N91.346 trillion, representing a loss of N68 billion or […] The post NGX: Investors lose N68bn as market extends weekly decline appeared first on Daily Nigerian.

The Nigerian stock market extended last week’s losses on Monday as investors shed N68 billion through sustained profit-taking. The downturn was driven by 27 declining stocks including NPF Microfinance Bank, Prestige Assurance, Sterling Nigeria and WAPIC Insurance. Market capitalisation opened at N91.414 trillion but closed at N91.346 trillion, representing a loss of N68 billion or […]

The post NGX: Investors lose N68bn as market extends weekly decline appeared first on Daily Nigerian.

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