Equities market fails to sustain gain

Nigeria’s equities market rerouted to the negative zone on Thursday by 0.05percent while investors lost N17billion. The negative close makes it the third decline this week as against one day gain. Week-to-date (WtD) the market has decreased by 1.17percent. At the close of trading on Thursday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation decreased from preceding day’s highs of 67,378.88 points and N36.876trillion respectively to 67,347.73 points and N36.859trillion. This month, the market has increased by 1.20percent, while the stock market’s positive return year-to-date (YtD) stood lower at 31.41percent. To read further, click HERE.

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