The Nigerian equities market reopened in an upbeat yesterday, as market capitalisation increased by N51 billion, following gains recorded by many blue-chip stocks. At the close of trading yesterday, the All-Share Index (ASI) increased by 93.43 absolute points, representing a…
Sell-off in 23 stocks drags capitalisation by N75 billion
Transactions on the Nigerian Exchange Limited (NGX) reopened on a downturn, yesterday, occasioned by sell-off in 23 stocks, as market capitalisation depreciated by N75 billion. Specifically, at the close of transactions the All-Share Index (ASI) declined by 139.02 per cent,…