Tag: Nigerian Stock Market

  • Nigerian Stock Market Loses N5.64tn as NGX Sheds ₦151.33tn

    Nigerian Stock Market Loses N5.64tn as NGX Sheds ₦151.33tn

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    by

    Starnews NG
    in

    By Opeyemi Adelakun Investors on the Nigerian Exchange (NGX) recorded a sharp loss of ₦5.64 trillion in market value within one week as profit-taking, portfolio rebalancing, and weakening sentiment triggered a broad-based sell-off across key sectors of the equities market. The downturn halted the recent bullish run that had pushed the market to record highs,…

  • Nigerian Stock Market Extends Losing Streak as Investors Lose N782bn

    Nigerian Stock Market Extends Losing Streak as Investors Lose N782bn

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    by

    Starnews NG
    in

    By Opeyemi Adelakun The Nigerian equities market continued its downward trend on Tuesday, with investors recording losses of approximately N782 billion as sell-offs persisted across major sectors of the market. Data from the trading session showed that the overall market capitalization declined by 0.50 per cent, closing at N155.203 trillion compared to N155.985 trillion recorded…