The Nigerian Exchange continued its downward trajectory on Tuesday, losing N265 billion as weak investor sentiment persisted.
This marks the second consecutive loss of the week, bringing the market capitalisation down to N66.1 trillion from the previous day’s N66.3 trillion.
At the close of trading, the All-Share Index (ASI) declined by 423.48 points, representing a 0.4 per cent drop to 105,375.69. This latest slump extended the market’s one-week loss to 0.75 per cent and a four-week decline of 2.13 per cent. Despite this, the NGX remains up by 2.38 per cent year-to-date.