NGX crashes for 8th straight session as investors lose whopping N5.45tn

Investors successful the Nigerian banal marketplace recorded a cumulative nonaccomplishment of N5.45 trillion arsenic the equities marketplace extended its bearish tally to an eighth consecutive league on Thursday.

DAILY POST reports that equities listed connected the Nigerian Exchange Limited, NGX, person continued to acquisition important declines since Tuesday, August 11, 2026.

Last week, investors connected the NGX lost N3.8 trillion successful 4 consecutive bearish sessions.

So acold this week, from Monday to Thursday, stocks connected the NGX person shed a full of N1.65 trillion.

Therefore, the combined losses recorded implicit the past 8 trading sessions amounted to N5.45 trillion, wiping retired erstwhile gains successful the market.

Thursday’s marketplace performance

The marketplace extended its bearish tally on Thursday as investors mislaid N440 billion, driven by continued profit-taking successful large- and mid-cap stocks.

Market capitalisation declined by 0.30 per cent, oregon N440 billion, from N155.417 trillion astatine the open...