Investors lose N91bn as Nigerian Exchange opens bearish

The stock market on Wednesday opened the week bearish as performance indices declined by 0.14 per cent.

Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N91 billion, or 0.14 per cent, to N66.166 trillion from N66.257 trillion recorded on Friday.

The All-Share Index also dropped by 0.14 per cent or 144.65 points to close at 105,515.99, down from 105,660.64 posted on Friday.

The downturn was due to the alignment of portfolios by dividend…