Nigerian Stock Market Bearish Trend

The Nigerian Exchange's Equities Market experienced a decline of N256 billion, marking its fifth consecutive bearish session. The NGX All-Share Index fell by 0.16%, reflecting cautious investor sentiment and profit-taking.

The Nigerian Exchange's All-Share Index fell by 394.36 points to close at 250,273.50 points, marking a fifth consecutive session of losses amid bearish sentiment. Market capitalization decreased by N256bn, driven by declines in major stocks.

Domestic equities in Nigeria experienced a bearish trend, losing N256 billion in market capitalization, which fell to N162.495 trillion. The NGX All Share Index decreased by 394.36 basis points, with 26 stocks advancing and 34 declining.