NGX Loses N468bn as Profit-Taking Drags Index Lower
8 Articles
8 Articles
Nigerian equities lose N468.6bn as banks, industrial stocks drive sell-off
Nigeria’s equity market lost N468.63 billion in market value on Tuesday as sell-offs in banking, industrial goods and consumer stocks read more Nigerian equities lose N468.6bn as banks, industrial stocks drive sell-off
NGX loses N468bn as profit-taking drags index lower
The Nigerian equity market lost N468bn on Tuesday as aggressive profit-taking in banking, industrial, and consumer goods stocks pulled the All-Share Index Read More: https://punchng.com/ngx-loses-n468bn-as-profit-taking-drags-index-lower/
Nigerian Stocks Crash 0.29% on Weak Investor Sentiment, Market Activity
By Dipo Olowookere The bears pushed down the Nigerian Exchange (NGX) Limited by 0.29 per cent on Tuesday, as investors took profits. The sell-off in Nigerian stocks was driven by weak investor sentiment, which resulted in Customs Street closing with 27 price gainers and 32 price losers, indicating a negative market breadth index and weak […]
Nigerian equities shed N469bn as profit-taking reverses gains
KEY POINTS MAIN STORY The Nigerian equities market surrendered the gains recorded in the previous session on Tuesday as profit-taking pushed major market indicators into negative territory. Market capitalisation fell to N163.530 trillion from a record N163.999 trillion, translating to a loss of N469 billion or 0.29 per cent. The All-Share Index followed the same […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
NGX Investors Lose N424 Billion As Market Capitalisation Falls To N163.53 Trillion
Investors on the Nigerian Exchange (NGX) lost approximately N424 billion on Tuesday as selling pressure reversed the gains recorded in the previous trading session. Equity market capitalisation declined from N163.955 trillion on Monday to N163.531 trillion, representing a decrease of approximately N424.31 billion. The NGX All-Share Index also fell by 653.64 points, or 0.29 percent […]
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