Nigeria: Equities Market Opens Negative, As Investors Lose N55 Billion

Trading activities at the local bourse started the week bearish as the benchmark index moderated 44bps to close at 24,200.60 following sell-offs in MTNN (-1.0percent), Zenith (-3.0percent) and Guaranty Trust Bank (-2.0percent ).

As a result, investors lost ₦55.2bn as market capitalisation fell ₦12.6tn while year to date loss worsened -9.8percent.

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