Investors in Stocks Lose N30bn in a Single Day

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At the close of Monday’s trading, the stock market of the Nigerian Exchange Limited had lost N30 billion as the share prices of 18 companies fell.

The market capitalisation decreased to N26.964 trillion from N26.994 trillion as the NGX All-Share Index ended trading on Monday at 49,991.41 basis points as opposed to 50,045.83 on Friday.

Investors transacted a total of 200.92 million shares worth N1.45 billion in 3,976 deals by the close of trading on the NGX floor on Monday.

Twelve businesses reported rising share prices, while 18 businesses saw declining share prices.

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