Last week, investors lost N571 billion at the end of trading on the Nigerian Exchange Limited floor.
The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 2.09 per cent to close at 49,664.07 and N26.787tn last week.
All other indices finished lower, with the exception of the NGX Insurance, NGX Consumer Goods, and NGX Growth Indices, which rose by 6%, 3%, and 1.56 percent, respectively, while the NGX ASeM index remained flat.
According to the NGX, 33 stocks increased in value during the week, compared to 41 stocks the previous week.
Last week, investors lost N571 billion at the end of trading on the Nigerian Exchange Limited floor.
The NGX All-Share Index and market capitalisation of equities listed on the NGX depreciated by 2.09 per cent to close at 49,664.07 and N26.787tn last week.
All other indices finished lower, with the exception of the NGX Insurance, NGX Consumer Goods, and NGX Growth Indices, which rose by 6%, 3%, and 1.56 percent, respectively, while the NGX ASeM index remained flat.
According to the NGX, 33 stocks increased in value during the week, compared to 41 stocks the previous week.
The Services Industry followed with 499.178 million shares worth N3.407bn in 866 deals. The third place was the ICT Industry, with a turnover of 113.804 million shares worth N2.246bn in 2,083 deals. Trading in the top three equities namely Capital Hotel Plc, FBN Holdings Plc and Jaiz Bank Plc (measured by volume) accounted for 763.836 million shares worth N5.130bn in 1,025 deals, contributing 50.55 per cent and 37.87 per cent to the total equity turnover volume and value respectively.