Equity market down N70bn on low sentiment

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Johnson OkaforThe Nigerian bourse on Thursday closed lower to reverse the previous day’s gain as bears regained their grip following the sell-off that has persisted on the equities market.M...

The Nigerian bourse on Thursday closed lower to reverse the previous day’s gain as bears regained their grip following the sell-off that has persisted on the equities market.

Consequently, the All-Share Index dropped marginally by 2.96 basis points or 0.01 per cent to close at 30,738.92 basis points as against 30,741.88 recorded the previous day. Meanwhile, a turnover of 430.12million shares exchanged in 4,319 deals was recorded in the day’s trading. The volume in the sub-sector was largely driven by activities in the shares of FBNH Plc and Access Bank Plc.

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