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The Nigerian stock market closed with the All-Share Index declining 1.65% and market capitalisation falling to N148.91 trillionFinancial Services stocks dominated trading activity, accounting for 65.53% of total turnover by volumeMarket breadth remained negative as 22 equities gained, while 57 declined, with Trans-Nationwide Express leading the decliners
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian Exchange (NGX) closed the week on a negative note, as the All-Share Index declined by 1.65% while market capitalisation fell by 1.60% to close at N148.905 trillion on Friday, June 26.
A total turnover of 2.324 billion shares valued at N134.486 billion was recorded in 249,328 deals on the floor of the Exchange during the week, compared with 3.075 billion shares worth N254.614 billion traded in 287,157 deals in the previous week.
Investors lose market value as NGX All-Share Index
