Nigerian stocks plunge N301 billion on third day of loss

– Airtel and Zenith Bank – steering the move to the negative territory.

It marked the third successive day of loss, with the size of trade contracting by as much as 25 per cent, raising fears that the current investor apathy in the market could worsen further. The banking index was down by 0.62 per cent, the biggest fall of the five sectorial indexes tracked by the bourse. Conversely, the oil and gas index advanced most, adding 7.12 per cent on the strength of one-tenth rise in the value of Nigeria’s biggest energy company by market value, Seplat.The all-share index diminished by 577.43 basis points to 38,445.09, while market capitalisation depreciated by N301 billion to N20.038 trillion.

Na crypto dem dey shout even Nigeria stock is crashing , if it an investment now they will say they wan people , are they not to suppose to warn people on this, now money is lost it’s the same as any investment .

E go reach everybody

nooo only crypto is volatile please

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Profit-taking in bank, industrial shares sets Nigerian stocks on further slideYear to date, the index is down by 3.1 per cent.
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