On Tuesday, (July 05, 2023) stock investors experienced a big loss of N671 billion in the Nigerian stock market, after rejoicing over a great start on the first day of the second half of the year which showed N534bn gain on equities.
At the close of the day, the All-Share Index finished at 60,715.04 index points, which signified a 1.99% decline from the previous trading day's closing of 61,949.24 index points.
The market value of shares declined by N671 billion leading to a 1.99% in a single day, to N33.06 trillion at the close of trade. This was N33.731tn from the prior day's session.
Top Gainers at the Close of Trade Yesterday: CHIPLC, ETERNA, and CHAMS topped the list of gainers, increasing by 10%, 9.96%, and 9.88%, respectively.
Top Losers at the Close of Trade Yesterday: LASACO, PZ, and WEMABANK were the biggest losses, falling by -13.86%, -10%, and -9.98%, respectively.
Total Shares Traded Yesterday: The value of shares traded was N12.21 billion, 13.03 percent less than the N14.04 billion reported in the previous day's session.
Read more: https://www.investingport.com/tuesday-market-went-sour-as-investors-loss-n671bn-in-stock-market/