The N1tn loss in the equity market is a result of sell-offs and decreasing sentiments, largely driven by institutional investors. The noticeable decrease in market value has been significant over the past week.
12th February 2024
• Chief Executive Officer, NGX, Temi Popoola
The equity market witnessed a loss of around N1.42tn within a week, primarily due to a decline in sentiments and widespread sell-offs, particularly by institutional investors.