Investors lose N38bn as equity market dips

The equity market has sustained its bearish trend as investors lost N38.24bn on Tuesday. The market capitalisation and the all-share index dropped by 0.1 per cent to close at N56.03tn and 99,051.02 basis points respectively. Bearish activity dominated the day’s trade, with the exchange recording more decliners (22) than gainers (17). Leading the gainer’s chart