Sterling Bank, others extend Nigerian stock market poor performance

The Nigerian stock market continued its downswing on Thursday, as the equity capitalisation lost N13.53 billion to sell off in Sterling Bank, Eterna, and others.

According to market data, the capitalisation depreciated by -0.04 per cent to N28.86 trillion, against the N28.88 trillion posted on Wednesday.

The All-Share Index crashed to 52,994.13 from 53,018.97 ASI, losing 24.84 basis points by the close of trading.