NGX bearish run continues with N97.57 billion loss

Nascon led the gainers’ list on Friday, with UAC Nigeria topping the losers’ table, as the stock market valuation depreciated by 0.28 per cent, extending its bearish run, which started on Wednesday.

According to stock market data released by the Nigerian Exchange Limited (NGX), the market capitalisation sheds N97.57 billion to settle at N34.06 trillion, from N34.16 trillion.

The All-Share Index fell to 62,569.73 ASI, from 62,748.94 ASI, as it lost 179.21 basis points.