NGX: Investors record N32bn losses after two days of gains

Investors shed N32 cardinal on Thursday as the Nigerian banal marketplace declined aft 2 days of gains.

This comes arsenic marketplace capitalisation dipped by N32 billion, representing a 0.02 per cent decline, to adjacent astatine N156.207 trillion from N156.239 trillion recorded on Wednesday amid cautious capitalist sentiment.

Similarly, the All-Share Index declined 221.14 points, oregon 0.09 per cent, to 242,145.61, compared with 242,366.75 posted successful the erstwhile trading session.

In spite of the decline, the market’s year-to-date instrumentality remained affirmative astatine 55.61 per cent, portion breadth stayed favourable with 27 gainers against 22 losers.

On the losers’ table, Eunisell Interlinked declined 10 per cent to N189, followed by BUA Cement, which fell 9.99 per cent to N275.60 per share, and Chemical and Allied Products, Royal Exchange and Guinea Insurance shed 9.61 cent, 9.55 percent and 5.38 cent.

Conversely, First Holding Company led gainers with 9.96 per cent, closing astatine N87.25, portion McNicholas roseate 8 per cent to N5.40, and UBA gained 7.93 per cent.

Trading enactment improved arsenic full measurement roseate 4.64 per cent to 49...