Equity market sustains loss, sheds N773bn

The bears maintained their grip on the Nigerian Exchange on Tuesday, as the All-Share Index dipped 1.39  per cent . Investors lost N773bn underpinned on sell-offs as the market capitalisation to settle at N55.04tn. The market’s year-to-date return lowered to 34.52  per cent. Market Breadth, which is the measure of investors’ sentiment, was negative resulting in 27 losers and 10 gainers. The gainers were led