Equities investors gained about N71 billion in Nigerian cold stock market trading, with a soft rebound recorded on Wednesday from the previous day’s sell pressure.

Equities investors lost about N600 billion of their combined portfolio value as the NGX….

The Nigerian stock market edged higher on Monday as investors gained more than N288 billion following a sharp positive price appreciation in some tickers.

The Nigerian stock market capitalisation closed at N158.70 trillion at the end of July with a year-to-date return of 57.62% following significant sell-offs last week.

Zenith Bank, Access Holdings, FirstHoldco, among others, dragged the Nigerian Exchange (NGX) down by more than N1 trillion, further reducing year-to-date returns.

The Nigerian Exchange (NGX) All-Share Index (ASI) declined as equities investors lost about N648 billion, reversing the previous day’s rebound.