Nigerian Investors Lose N1.4 Trillion in Bearish Trading Week on NGX

The Nigerian equities market experienced a bearish trend throughout the week, with investors losing N1.4 trillion in market capitalization. Despite some gains mid-week, the market closed lower, with the All-Share Index depreciating by 1.68%.

Total turnover for the week was 7.325 billion shares worth N156.425 billion. Financial services and industrial sectors were the most active, with Cornerstone Insurance Plc, Access Bank Plc, and Zenith Bank Plc leading in trading volumes.