Investors lose N2.1 trn as sell pressures, weak demand deflate stocks

By Peter EgwuatuInvestors lose N2.1 trn as sell pressures, weak demand deflate stocksBy Peter EgwuatuThe Nigerian equities market continued its bearish stretch last week, reflecting sell pressures and weak demands, which resulted in investors losing N2.1 trillion in five trading days.Specifically, the Nigerian Exchange Limited, NGX market capitalisation, which reflects total value of stocks listed on the Exchange, dropped to N91.410 trillion from N93.501 trillion in the previous week.