Equities market halts bullish run as investors lose N28.8bn

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The local equities market halts its bullish run having shed 0.22 per cent leaving the All Share Index at 25,166.01 basis points pegging year to date return at -6.24 per cent

Investors, on Thursday, lost N28.8 billion, as the market capitalisation recorded 0.22 per cent loss at the close of trading to settle N13.115 trillion.

Despite the bearish outlook, market breadth managed a bullish return recording 19 gainers against 18 losers on the performance chart with Cutix leading the gainers’ table while Ecobank Transnational Incorporation led the decliners’ table.

Market Activity, however, was unimpressive as the volume of trades recorded a total of 341 million shares, on…



Source: Nigerian Tribune