Transactions on the Nigerian Exchange Limited (NGX) continued in an upbeat mood yesterday, as gains in 30 stocks lifted market capitalisation further by N69 billion.

The Nigerian equities market sustained a sliding profile yesterday, occasioned by losses in many blue-chip stocks, especially, Cornerstone Insurance and Universal Insurance, causing market capitalisation to depreciate further by N1 billion.

Interest in firms declaring interim dividends has continued to spur activities in the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip stocks recorded price appreciation,

Despite the full year 2019 results being churned out by quoted companies, the equities market began the month of February on a bearish note amid weak investors’ sentiments, as market capitalisation slumped by N160 billion.

The Nigerian equities market lost Wednesday gains at the end of yesterday's's transactions, following sell-pressure in high cap stocks, resulting to a slide in market

After two days of price appreciation, occasioned by the passage of 2016 budget, profit taking by investors on the Nigerian Stock Exchange yesterday, pulled market capitalisation by N63 billion.