The Nigerian equities market extended its bearish trend on Thursday, marking the fourth consecutive session of losses as investors’ wealth declined by N580 billion.
The market activity witnessed an overall decline in volume, value and deals.
The Nigerian equities market resumed its bullish trend on Thursday, as investors gained N73 billion on renewed buying interest in selected stocks.
The Nigerian equities market continued in a negative position on Wednesday as investors lost N74 billion amid sustained sell pressure across major stocks.
In separate interviews in Abuja, the transporters urged the federal and state governments (from the South-East) to improve road security in the region.
The market breadth also closed positive with 65 gainers and 21 losers.
A total of 439.9 million shares valued at N24.9 billion were exchanged in 40,245 transactions.
The market breadth closed negative with 39 losers and 17 gainers.
The All-Share Index (ASI) increased by 501.14 points or 0.46 per cent, closing at 108,762.61, compared to 108,261.47 in the previous session.
Guaranty Trust Holding Company traded 51.28 million shares valued at N3.54 billion.
