NGX Sheds N256 Billion as Five-Day Losing Streak Deepens
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6 Articles
NGX extends losing streak to five sessions as investors shed N256bn - TV360 Nigeria
Banking stocks drag market lower despite gains in insurance and selected equities….. The Nigerian equities market remained under pressure on Tuesday as renewed selling dragged the market into its fifth consecutive session of losses, wiping another N256 billion off investors’ holdings. Market capitalisation fell from N162.751 trillion in the previous session to N162.495 trillion, while …
Nigerian Exchange equities market sheds N256 billion as 34 stocks decline
KEY POINTS MAIN STORY The Nigerian Exchange Ltd. (NGX) equities market experienced a downturn on Tuesday, shedding N256 billion amid broad-based profit-taking across 34 equities. Market capitalization contracted by 0.16 per cent to close at N162.495 trillion, down from N162.751 trillion recorded during the previous trading session. Concurrently, the benchmark All-Share Index decreased by 394.36 […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
Stock Market Loses N256bn, Extends Bearish Streak To Fifth Straight Session
The Equities Market on the Nigerian Exchange extended its losing streak to a fifth consecutive session, as sustained risk-off sentiment dragged the market lower. The NGX All-Share Index declined by 0.16 per cent to close at 250,273.50 points, pulling the year-to-date return down to 60.83 per cent and trimming market capitalisation by N256 billion to […]
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