NGX sheds N144.54 billion as bearish pressure persists
Bearish sentiment extended its grip on the Nigerian Exchange (NGX) on Tuesday, October 13, 2026, pulling equity market capitalization down by N144.54 billion in a single trading session. The post NGX sheds N144.54 billion as bearish pressure persists appeared first on Nairametrics .
The Nigerian Exchange (NGX) experienced a significant drop in market capitalization and index value on Tuesday, October 13, 2026, as bearish sentiment continued to influence the market. The equity market capitalization decreased by N144.54 billion, bringing the total down to N160.71 trillion from N160.85 trillion the previous day.
The NGX All-Share Index (ASI) also fell by 0.09%, settling at 247,513.63 points, marking the lowest level reached during the trading window from October 7 to October 13. Despite the overall market decline, a few key sectors managed to post positive returns, offering some respite from the broader market correction.
Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
