NSE: Investors lose N40 bn as profit-taking persists
Nigeria, Feb. 16 -- Nigerian stocks were down by 0.19 per cent on Tuesday as investors lost N40.5 billion amid negative sentiments resulting in continued profit-taking.
Cornerstone, UPDCREIT, Consolidated Hallmark, Prestige and Wapic accounted the most for the loss.
The Insurance Index saw the deepest plunge of the five sectorial indices, going down 1.54 per cent to 215.80 index points.
A positive market breadth was recorded as 22 gainers emerged against 20 laggards.
The All Share Index (ASI) edged down to 40,494.35 index points. In the same vein, market capitalisation slipped to N21.184 trillion
Year to date, the index is up by 0.56 per cent.
Learn Africa led gainers, growing by 9.28 per cent to close at N1.06. Ardova gained 9.06 p...
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