Investors Lose N2. 05 Trn In 3 Days Amid Profit Taking

Investors lost N2.05 trillion in three days on theNGX due to profit-taking activities which continued, yesterday, in the Nigerian stock market.

The market capitalisation, which represents the total value of equity listed the Nigerian Exchange, NGX, declined to N64.256 trillion on Wednesday from N64.302 trillion on Monday .

In the same vein, another stock market gauge, the NGX All Share Index, ASI, fell by 3.2 to close on Wednesday at 102,095.95 bases points from 105,451.06 points it opened on Monday.

Meanwhile, trading in the market, yesterday, showed that investors lost over N931 billion as the market capitalisation closed at N62.256 trillion from N63,187 trillion the previous day, while the market declined by 1.5 as NGX ASI declined to 102,095,95 points from 103,622.09 points the previous day.