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Investors on NGX lose ₦93bn

NGX

Investors on the Nigeria Stock Exchange market experience ₦93 billion lose

The lose is a 0.16 percent of the equity market. The equity market closes at ₦56.359 trillion while it opens at ₦56.452 trillion.

The companies stocks that experience the loss include MTN Nigeria, Transnational Corporation, Ecobank Transnational Incorporated (ETI), Royal Exchange, Oando Plc, among others.

The All-Share Index also went down by 0.16 or 163 points to settle at 99,630.51, in contrast to 99,793.71 recorded on Monday.

“Consequently, the Year-To-Date (YTD) return fell to 33.24 per cent. However, market breadth closed positive with 29 leaders and 19 laggards. On the gainers’ chart, Total Energies led by ₦35.30 to close at ₦388.90, Presco Plc followed closely by ₦29.30 to close at ₦323.20 per share.”

“Conversely, National Salt Company of Nigeria(NASCON) led the losers’ chart by ₦4.05 to close at ₦36.80, Thomas Wyatt declined by 17k to close at ₦1.59 per share. May & Baker dropped 43k to close at ₦5.60, C&I Leasing Plc trailed by 20k to close at ₦2.80 and Consolidated Hallmark Holdings shed 6k to close at ₦1.38 per share.”

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