Profit taking leads to N28 billion decline in equities


The Nigerian equities market experienced a decline at the end of Wednesday’s trading session, following a record high achieved the day before.


The Nigerian Exchange had surpassed its 15-year record by reaching a new All-Time High at 66,490.34.During Wednesday’s trading session, the All-Share Index (ASI) traded 0.08% lower, closing at 66,439.53 index points compared to the previous day’s 66,490.34 index points.

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Here are the key figures from the trading session:

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•NGX ASI: 66,439.53 points

•% Day Change: -0.08%•% Year-to-Date Change: +29.63%


•Market Cap: N36.362 trillion•Volume Traded: 637.19 million

•Value: N7.79 billion•Number of Deals: 10,033I

The Nigerian equities market experienced a slight dip after reaching a record high. The All-Share Index closed lower, but the market still maintains a positive year-to-date performance.

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