Stock Market Extends Losing Streak As Investors Lose N614.3bn

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The All-Share Index (ASI) dipped 1,139.02 points or 2.26 per cent to close at 49,350.71 against 50,489.73 posted on Monday.

Prestige Insurance and NEM Insurance recorded the highest price in percentage terms, with a gain of 10 per cent each to close at 44k and N3.74 per share, respectively.Ellah Lakes followed with a 9.78 per cent to close at N3.93 per share, while Multiverse Mining and Exploration gained 9.75 per cent to close at N2.06 per share.Conversely, Conerstone Insurance led the losers’ chart with a loss of 9.33 per cent to close at 68 per share.

Sovereign Trust Insurance dropped 7.41 per cent to close at 25k, while Stanbic Bank lost 6.45 per cent to close at N29 per share. Transactions in the shares of Japaul Gold and Ventures topped the activity chart with 3.2 million shares valued at N8.95 million.

 

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