Tuesday, April 13, 2021

Investors lose N120bn as stocks resume decline

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The Nigerian stock market which began the month on a positive note, resumed its decline on Tuesday as 26 firms recorded price losses at the end of trading.

The Nigerian Stock Exchange All-Share Index had risen by 0.33 percent on Monday, the first trading day of the month, after February saw investors record a total loss of N1.37tn.

But the benchmark index, ASI, fell by 0.59 per cent on Tuesday to 39,697.62 basis points from 39,931.63bps on Monday.