Business and Economy

Stock market investors lose another N35.67 billion as the All Share index declines by 0.12% on Tuesday

On Tuesday the NGX All-Share index of the Nigerian stock exchange lost 0.12% to close at 55,722.90 points, As a result, the market capitalization decreased by N35.67 billion to settle at N30.36 trillion while the year-to-date (YTD) return decreased to 8.73%,

Trade turnover saw 3,898 transactions totaling 199.27 million shares worth N2.81 billion were completed during the session. Selling pressure in GTCO (-3.18%), WAPCO (-1.92%), and ACCESSSCORP (-0.55%) was the main reason for the performance of the market as a whole to suffer.

With 31.09 million units exchanged in transactions, STERLNBANK (+3.42%) topped the volume chart, while AIRTELAFRI (+0.00%) topped the value table with 678.00 million On the laggard’s log, CHAMS (-8.00%) outperformed fourteen (14) other competitors, whereas FTNCOCOA (+7.69%) outperformed six (6) other competitors.

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