Nigeria: Investors lose N370bn on NGX as UACN leads losers’ chart — Africa Links 24

Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Ltd.

This is in contrast to 7.521 billion shares valued at N398.949 billion that exchanged hands last week in 61,312 deals last week.

Consequently, the value of transactions traded by investors on the Exchange dropped by 1282 per cent as inventors lost N370 billion.

Meanwhile, the market opened for three trading days in the week as the…