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NGX loses N93bn as global equity market tumbles

The market breadth was negative, as 23 equities gained while 25 saw their stock prices drop.

The top gainers were International Breweries, Presco Plc, and Sovereign Trust Insurance, each posting a 10 per cent rise to close at N4.62, N485.10, and N0.55, respectively.

Conversely, Chams Plc led the losers with a 10 per cent decline to close at N1.98, followed by University Press Plc, which shed 9.92 per cent to close at N2.18, and The Initiate Plc, down 8.26 per cent to end at N2.

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