…ASI drops by 0.68% as investors lose N445bn
Decline in the share price of Industrial & Medical Gases Nigeria Plc (IMG) and other major laggards on the Nigerian Exchange Limited (NGX) caused the All-Share Index (ASI) to decrease by 0.68 percent on Wednesday, its highest dip since this week.
Investors lost about N445 billion at the close of trading on the Lagos Bourse as IMG led the league of market’s major decliners after its share price dropped from N38 to N34.20, losing N3.80 or 10 percent of its day-open value.