NGX Drops N425bn on Month-End Profit-Taking

NGX drops N425bn on month-end profit-taking

The Nigerian equities market lost N425.73bn in investor wealth as month-end profit-taking dragged the All-Share Index down by 0.28% on Wednesday. Read More: https://punchng.com/ngx-drops-n425bn-on-month-end-profit-taking/

NGX sheds N425.73bn as profit-taking ends September on bearish note - TV360 Nigeria

All-Share Index drops 0.28% as MTN Nigeria, Access Holdings and other blue-chip stocks come under selling pressure….. Nigeria’s equities market ended the final trading session of September in negative territory, with profit-taking in major stocks wiping N425.73bn off the value of listed equities. The bearish session saw the All-Share Index of the Nigerian Exchange Limited …

NGX falls 0.28% as insurance and banking stocks lead losses

The Nigerian Exchange closed lower as banking and insurance stocks dragged the market down, while trading volume and value surged during Wednesday’s session.

Equities market closes month lower as capitalisation drops by billions

KEY POINTS MAIN STORY The Nigerian equities market concluded the month of September on a negative trajectory, shedding N426 billion in market capitalisation. Data from the trading session shows that the market capitalisation dropped from N163.530 trillion to N163.104 trillion. The downturn was driven by broad sell-offs across multiple equities, including Fidelity Bank, Guinea Insurance, […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Nigerian Exchange Tumbles 0.28% as Price Losers Outweigh Gainers

By Dipo Olowookere The bears tightened their grip on the Nigerian Exchange (NGX) Limited on Wednesday, further inflicting a 0.28 per cent loss on the platform at the close of business. Financial stocks were responsible for the decline recorded yesterday, with the insurance counter down by 1.01 per cent and the banking space giving up […]

Nigeria: Equities market ends September bearish, loses N426b

WorldStage– The Nigerian equities market closed September on a bearish note with a N426 billion loss on Wednesday. The decline was driven by losses in Fidelity Bank, Guinea Insurance, Sovereign Trust Insurance, Learn Africa, Thomas Wyatt and 23 other stocks. The market capitalisation declined from N163.530 trillion to N163.104 trillion, shedding N426 billion. Similarly, the […]