Investors lose N46b in Nigerian equities

INVESTORS lost N46 billion as Nigerian Bourse (NGX) closed negative amid buy-interests and sell-offs as bears dominated proceedings, driving down the broad market, yesterday.

  While All-share Index (ASI) depreciated by 0.16 per cent to close at 52,615.51 points, market capitalisation declined by close at N28.658 trillion.

  Similarly, Year-to-Date (YtD) returns settled at 1.97 per cent while stock market has advanced by 1019.85 basis points since the start of the year as market breadth closed negative.

  CHELLARAM led 17 gainers and 21 losers topped by FTNCOCOA at the end of trading.