NGX Records N134.49bn Turnover As Market Capitalisation Falls By N2.42tn
The Nigerian Exchange (NGX) experienced a significant downturn, with market capitalization falling by N2.42 trillion. Trading volume and value also saw double-digit percentage declines compared to the previous week.
Why it matters
The decline reflects broader economic volatility in the Nigerian capital market, impacting investor wealth and market sentiment.
The Nigerian Exchange (NGX) closed the trading week on a bearish note as investors traded 2.324 billion shares worth N134.49bn in 249,328 deals, while the market shed approximately N2.42tn in value amid broad-based declines across key indices.
The article provides objective financial data and market performance metrics without editorializing.
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