Equity Market Records N200bn Loss In NGX.

Equity Market Records N200bn Loss In NGX.

Trading activities on the floor of the Nigerian stock market declined, making investors lose N200 billion amid the recent Naira depreciation against the Dollar at the foreign exchange market.

Accordingly, the market capitalization shed N200 billion or 0.35 per cent to close at N56.167 trillion, in contrast to N56.367 trillion recorded on Monday.

Also, the All-Share Index dropped by 0.35 per cent or 354 points to close at 99,311.54, compared to 99,665.05 posted in the previous session.

According to reports, the Year-To-Date return fell to 32.82 per cent.


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