Accordingly, investors lost ₦313 billion in value as market capitalisation declined to ₦29.916 trillion.
The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Dangote Sugar Refinery, MTN Nigeria Communications (MTNN), Ecobank Transnational Incorporated (ETI), United Capital and Industrial & Medical Gases Nigeria.
Analysts at GTI Securities said, “investors continue to pick safe stocks ahead of election uncertainties.
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