On Wednesday September 04, the Nigerian stock market fell by 0.35% or 193 billion naira. It recorded its first negative close in September.

The negative close of the Nigerian stock market is in line with analysts' expectations. According to his expectations, after the previous positive closing sessions, there will be a mixture of cautious transactions and selective purchases, with market players remaining on the lookout for any signs of broader market interest. Investors have taken profits on many of the best performing stocks on the market since the start of the year (YtD) like Oando and RT Briscoe. In 12,039 transactions, investors traded 389,232,448 shares worth 8.179 billion