Basically, selloff activities in telco heavyweight, MTN Nigeria was the major drag on the index as it shed 2.38 per cent off its value. Accordingly, the Month-to-Date loss settled at -0.4 per cent, while the Year-to-Date return moderated to +23.6 per cent. Investors, therefore, lost N182.91 billion from their investments as the market capitalisation settled at N28.45 trillion at the end of trading activities, on Wednesday. A total of 188.1 billion units of shares valued at N2.36 billion were exchanged in 4,890 deals. Miss Abegunde, a 24-year-old accountant who had just gotten her first job in one of the new generation banks, said she fell into depression after her boss sexually harassed her.Bears persist at NGX as investors further lose N182.9%Bears persist at NGX as investors further lose N182.9%

Source: Nigerian Tribune June 16, 2022 06:19 UTC