The Nigerian stock market saw another decline on Wednesday, with investors losing N32 billion.
The market value fell to N55.513 trillion from N55.545 trillion, showing a 0.06% drop.
The All-Share Index decreased by 56.43 points, ending at 97,774.22.
Many major stocks, including Zenith Bank, Access Corporation, and Nigerian Breweries, experienced losses.
Berger Paints, Cutix Plc, and Nigeria Aviation Handling Company led the decline, each dropping by 10%. Nigerian Breweries and SCOA Nigeria Plc also saw significant losses.
On the positive side, Industrial Medical Gas (IMG), Veritas Kapital, and UPL rose by 10%. Despite some gains, the market continues to face a downturn.
(Daily Trust)