Investors lose N232bn as stock market fall deepens

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Transactions in the Nigerian equity market on Thursday closed on a negative note as losing streak extends to the fourth consecutive trading day, following sell-off on some high valued stocks.

The Nigerian Stock Exchange All-Share Index dipped 444 basis points or 1.27 per cent to close at 34,577.26 index points as against 35,021.26 recorded the previous trading session.

Meanwhile, a turnover of 553.95 million shares exchanged in 6,441 deals was recorded in the day’s trading. Volume in the sub-sector was largely driven by activities in the shares of Zenith Bank Plc and FBN Holdings Plc.

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Chai

Time for commodity markets to boom.

Buhari should please do something about the economy ...

Is the stock market they ar disturbing us to invest in or another one.

Even bitcoin Don drop. Ifb instantly ❤️ ❤️

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