The total market value of all companies trading on the Nigerian Stock Exchange fell below the N14tn mark on Wednesday, for the first time since January 8, 2018.

With no trading on Tuesday, which was declared as a public holiday to mark the Democracy Day, the stock market resumed its losing streak on Wednesday as it fell for the ninth consecutive trading day.

The stock market has lost nearly N1tn in 26 days as the market capitalisation slipped to N13.984tn on Wednesday from N14.137tn on Monday and N14.930tn on May 4.

The NSE All-Share Index dipped to 38,606.41 basis points on Wednesday from 39,028.51 basis points on Monday.

Read more :
Stock market value falls below N14tn, investors lose N153bn http://www.sanwomi.com/2018/05/stock-market-value-falls-below-n14tn.html

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