Nigerian Equities Market Slumps, Investors Lose N34 Billion

The Nigerian Stock Exchange (NSE) witnessed a downturn as investors lost N34 billion within a five-hour trading period. Notable companies such as Cham PLC, Haldan McCall, and UAC Nigeria saw their stock prices drop.

The All-Share Index (ASI) fell to 146,940.29 points. Top gainers included Japaul Gold and Prestige Assurance, while Cutix led in trade volume.

Major trades involved FCMB, Consolidated Hallmark PLC, Guaranty Trust Holdings PLC, Fidelity Bank, and Access Corp Holdings.