Nigeria’s equities market decreased by 0.25 percent on Tuesday – its second decline this week – despite that the rebased inflation data for January released by the National Bureau of Statistics (NBS) printed remarkably lower.
At the close of trading on Tuesday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation decreased further from preceding trading day’s highs of 107,937.74 points and N67.345 trillion respectively to 107,670.98 points and N67.179 trillion.
The stock market’s return year-to-date (YtD) decreased further to +4.61 percent.