The Nigerian equities market extended its bearish trend on Thursday, marking the fourth consecutive session of losses as investors’ wealth declined by N580 billion.
To safeguard against worsening economic conditions, some have turned to stock trading to grow their funds.
With a variety of branded giveaways and raffle prizes, the Admirals launch event was designed to be a fun and engaging experience for the participants.
Market breadth measured by market sentiment was negative as 19 stocks declined, while 12 appreciated.
The bullish note was as a result of bargain buying on MTN Nigeria and other 16 stocks.
In spite of the growth in market indicators, the market closed negative with 20 losers in contrast with 15 gainers.
The upturn was impacted by gains recorded in medium and large capitalised stocks.
The market closed negative with 19 laggards against 17 gainers.
The All-Share Index lost 506.83 points or 1.46 percent to close at 34,136.82.
