The Nigerian equities market continued its downward trend, with the NGX All-Share Index losing 20 basis points to close at 99,805.95 points.
The market’s negative performance was driven by intense selling pressure in stocks like Afriland Properties, GTCO, ETI, UBA, FBNH, Access Bank, Oando, Transcorp, Zenith Bank, and 19 others.
As a result, investors’ wealth decreased by N113.49 billion, with the market capitalization closing at N37.34 trillion.
While market activity was mixed, with volume traded decreasing by 38.74% and value traded increasing by 635.03%, the year-to-date return settled at 33.48%.