NGX Trading Activity Decline

The Nigerian Exchange Limited experienced a 0.13% decline in the All-Share Index, closing at 247,222.27 points, despite a rise in trading turnover to N110.77 billion, indicating increased market activity.

Investors traded 2.024 billion shares valued at N110.773 billion on the Nigerian Exchange Limited last week, leading to a market capitalisation loss of N206 billion. The NGX All-Share Index declined by 0.97 percent, reflecting increased selling pressure.

Nigerian equities declined as sell-offs led to a N206 billion drop in market capitalization, closing at N160.519 trillion. The NGX All-Share Index fell to 247,222.27 points, with 55 losers against 20 gainers, while trading volume and value increased.