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Topic: Heavy Sell-offs Hit Stock Market, Investors Lose N3.55trn In 2 Days  (Read 4 times)

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Heavy Sell-offs Hit Stock Market, Investors Lose N3.55trn In 2 Days
« on: Today at 01:02:39 pm »
Heavy Sell-offs Hit Stock Market, Investors Lose N3.55trn In 2 Days

A sell-off in Nigerian equities has wiped out N3.55 trillion from the market’s capitalisation in just two trading sessions, as investors intensified profit-taking and repositioned their portfolios ahead of the highly anticipated Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE. The sharp decline has heightened concerns over near-term market volatility as investors […]

Source: Heavy Sell-offs Hit Stock Market, Investors Lose N3.55trn In 2 Days



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