Investors Lose N370bn On Ngx As Uacn Leads Losers Chart

Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Ltd NGX.

This is in contrast to 7.521 billion shares valued at N398.949 billion that exchanged hands last week in 61,312 deals last week.

Consequently, the value of transactions traded by investors on the Exchange dropped by 1282 per cent as inventors lost N370 billion.

Meanwhile, the market opened for three trading days in the week as the Federal Government declared Monday and Tuesday as public holidays to commemorate 2025 Eid el Fitr celebration.

Trading in the top three equities namely Fidelity Bank Plc, Zenith Bank Plc and Universal Insurance Plc, accounted for 264.627 million shares worth N5.932 billion in 5,714 transactions.