Investors record highest loss in Nigerian stock market

Investors on Thursday recorded N2.18 trillion in losses at the Nigerian stock market. 
DAILY POST reports that Thursday’s stock decline is the fourth time and highest so far this week.
Nigerian Exchange Limited Thursday’s trading data showed that market capitalisation declined by 1.41 per cent, falling from N154.445 trillion to N152.266 trillion, reflecting a loss of N2.179 trillion in the review period.
Similarly, the All-Share Index (ASI) dropped by 3,397.80 points or 1.41 per cent, closing at 237,404.92 compared to 240,802.72 recorded at the beginning of the downturn.
Consequently, the market’s Year-to-Date (YTD) return erased to 52.56 per cent, while the market breadth closed ...