Stock Market Sustains Downward Trend, Drops by N3.54tn in Three Days
Kayode Tokede
The stock market section of the Nigerian Exchange Limited (NGX) has continued its downward trend, dropping by N3.54 trillion in its third consecutive day trading activities.
The market that opened for trading early this week on a positive note has witnessed massive profit-taking by investors in highly capitalised stocks and the impact has continued to downsize investors’ returns.
Specifically, the market capitalisation that closed for trading August 10, 2026 (Monday) at N160.422 trillion, has depreciated by N3.54 trillion or 2.21per cent to close August 13, 2026 (Thursday) at N156.881 trillion.
