Investors lose N62bn as stock index dips by -0.47%

NSE back above water, Nairobi still in difficulties

Investors at the Nigerian stock market went home on Wednesday with a collective loss of N62 billion as the All Share Index (ASI) nosedived by -0.47 per cent. This led to erosion of more than N44 billion profit they recouped in the previous session and consequently, the ASI closed lower at 25,215.04 basis points while market capitalisation followed suit to end the day lower at N13.154 trillion. The negative session was occasioned specifically by profit-taking activities on the shares of heavyweights such as BUACEMENT which dipped by -3.9 per cent.…

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