Investors lose N671bn at NGX amid sell-offs …C0NTINUE READING HERE >>>
Investors in the Nigerian Exchange market lost N671 billion due to sell-offs in Dangote Cement, Dangote Sugar and tier one banks stocks on Thursday.
This comes as market capitalisation dropped by N671 billion closing at N55.777 trillion, down from N56.448 trillion.
Similarly, the All-Share Index declined by 1.19 per cent on Thursday to settle at 97,064.42, compared to 98,232.39 recorded on Wednesday.
As a result, the Year-To-Date return fell to 29.81 percent.
Losses recorded in Dangote Cement, Dangote Sugar, Zenith Bank, FBN Holdings and Transnational Corporation, among others, drove the…
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