The Nigerian stock market closed on a negative note for the seventh consecutive trading session on Tuesday amid investors continued to take profits.
The market has been falling since May 14, with the All Share Index of the Nigerian Exchange Limited dropping from 39,481.89 basis points to 38,256.76bps on Tuesday.A total of 250.20 million shares valued at N1.55 billion were traded by investors in 3,534 deals on Tuesday, compared to 141.15 million shares valued at N1.09bn in 3,566 deals on Monday.
Seventeen companies, led by LASACO Assurance Plc, recorded price losses at the end of trading on the floor of the NGX. Other top losers were Champion Breweries Plc, AIICO Insurance Plc, Chams Plc and AXA Mansard Insurance Plc. The share prices of 12 companies appreciated, with C&I Leasing Plc leading the park. Others top gainers were Royal Exchange Plc, Consolidated Hallmark Insurance Plc, Neimeth International Pharmaceuticals Plc and The Initiates Plc.
Learn to invest in US and Foreign stock Market
⚽For football betting fans Search for the channel ' LADSBROKE ' on TELEGRAM and join winning team making money through sports betting, the guy is good with punting odds, best tipster so far in football betting tips.