Nigeria: Investors Stake N10.1 Billion On Stocks As All-Share Sheds 1.4 Percent

22 June 2020

Investors staked N10.125 billion on 1.050 billion shares in 19,576 deals last week, compared with N9.876 billion invested in 16, 616 deals the previous week. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) depreciated by 1.4 per cent to close at 24,826.75, while market capitalisation shed N185.7 billion to be at N12.95 trillion.

The depreciation was as a result of profit taking by investors. All other indices finished lower with the exception of NSE-Main Board, NSE Consumer Goods, NSE Lotus II and NSE Industrial Goods Indices which appreciated by 1.0 per cent.

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