Nigerian Stocks Lose Over N85 Billion In A Day

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The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 31 basis points.

The NGX ASI closed at 51,803.98 points to reflect a decline of 0.31% from the previous trading day and a Year-to-Date (YTD) return of 21.27%. Meanwhile, the market capitalization declined by N85.65 billion.

At the close of the market on Tuesday, the 28th of June 2022, the stock exchange market value currently stands at N27.93 trillion at the end of the trading day.

The market breadth closed negative as SOVRENINS led 10 gainers and 19 losers, topped by UPL’s session.

The stock market has advanced 9,087.54 base points since the start of the year.

-Nairametrics.

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