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Headline : NGX: Stock market recovery short-lived as investors lose N199bn

Read more from the original article on here at www.ripplesnigeria.com.





Tags : #ngx #stock #market #recovery #shortlived #investors #lose #n199bn


No. of Paragraph 42

Investors in the Nigerian equities market lost N199 billion at the close of trading on Tuesday.

Before Monday’s N70 billion gain, investors had endured over two weeks of consecutive bearish trading sessions.

Today’s loss followed the dip in the value of stocks like Honey Well Flour, FBNH, Oando and FTN Cocoa Processors, amongst others on the trading floor today.

After five hours of trading at the capital market, the equity capitalization decreased to N56.1 trillion from N56.3 trillion posted by the bourse on Monday.

Read more from the original article on here at www.ripplesnigeria.com.


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