Nigeria’s stock market loses N5tn in seven sessions as sell-off deepens
Key Points Main Story Nigeria’s equities market has surrendered about N5tn in value in seven trading sessions as investors continued to reduce positions in major stocks. Market capitalisation, which reached N160.42tn on Aug. 10, declined to N155.42tn by Aug. 19, according to the report. The retreat followed a strong rally that had pushed the market […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
Key Points Main Story Nigeria’s equities market has surrendered about N5tn in value in seven trading sessions as investors continued to reduce positions in major stocks. Market capitalisation, which reached N160.42tn on Aug. 10, declined to N155.42tn by Aug. 19, according to the report. The retreat followed a strong rally that had pushed the market […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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