Nigeria: Stock market down by 0.52%, investors lose N345bn — Africa Links 24

The stock market on Tuesday witnessed a downturn as performance indices declined by 0.52 per cent.

Specifically, the Nigerian Exchange Ltd, NGX market capitalisation fell by N345 billion or 0.52 per cent to N66.942 trillion from N67.287 trillion recorded on Monday.

Also, the All-Share Index dropped by 0.52 per cent or 550.88 points to close at 106,904.25 against 107,455.13 posted the previous day.

Market breadth closed negative with 44 losers and 17 gainers.

On the losers’…