Amidst the hardship that the Central Bank of Nigeria (CBN) naira redesign policy has inflicted on Nigerians, investors on Nigerian Exchange (NGX) lost ₦18 billion on the trading floor on Friday, as the All-Share-Index depreciates by 0.06%.
The economic woes holding Nigeria by the jugular have continued to have visible effect on trades while impacting on investors in the stock market negatively.
The NGX closed negative amidst buy-interests and sell-offs, as the bears dominated proceedings, driving down the broad market.
Market Capitalisation declined by ₦18 billion to close at ₦29.590 trillion while the ASI depreciated by 0.06% to close at 54,327.3 points.
NGX stock market has advanced by 2,731.64 basis points since the start of the year.
CONOIL led 13 gainers, and 21 losers topped by INTENEGINS at the end of today’s session as market breadth closed negative.
| ASI | 54,327.88 |
| DEALS | 783 |
| VOLUME | 14,340,226 |
| VALUE | ₦ 306,871,790.67 |
| EQUITY CAP | ₦ 29,590,934,552,738.7 |
| BOND CAP | ₦ 23,493,133,016,244.4 |
| ETF CAP | ₦ 9,577,791,543.55 |
