Equities Market Slips To ₦68.62trn As ASI Drops 436 Points

Equities Market Slips To ₦68.62trn As ASI Drops 436 Points

Nigeria’s equities market closed lower on Thursday with the All-Share Index (ASI) declining by 436.08 points or 0.40 percent to settle at 109,183.02 from the previous day’s high of 109,619.10. The market capitalisation fell in tandem, shedding approximately ₦274 billion to close at ₦68.621 trillion, compared to ₦68.895 trillion recorded in the previous session. The […] The post Equities Market Slips to ₦68.62trn as ASI Drops 436 Points appeared …

Equities market down N274bn amid plunge in Dangote Sugar, Fidelity Bank – Businessamlive

Onome Amuge The Nigerian Exchange (NGX) All-Share Index (ASI) experienced a downturn on Thursday, as equities investors collectively lost approximately N274 billion due to widespread profit-taking activities across the local bourse. This continued sell-off was particularly pronounced in several key stocks, with Transnational Corporation (TRANSCORP), Fidelity Bank Plc (FIDELITYBK), and Dangote Sugar Refinery Plc (DANGSUGAR) acting as major drags …