NGX: Stock market investors lose N81 billion to profit-taking today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
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Negative sentiments persist on NGX, indices down by 0.29%
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Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
Specifically, the All-Share Index closed lower by 110.72 points or 0.29 per cent to 38,601.83 against 38,712. 55 posted on Monday.
Accordingly, month-to-date and year-to-date losses increased to 1.1 per cent and 4.1 per cent, respectively.
Also, the market capitalisation dipped N58 billion or 0.29 per cent to close at N20.202 trillion from N20.260 trillion recorded on Monday.
The loss was driven by price depreciation in large and medium capitalised stocks amongst which were; MTN Nigeria Communications (MTNN), Guinness, Chemical & Allied Products, Julius Berger and NCR Nigeria.
NGX: Negative sentiments persist, indices down by 0 29% today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
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Negative sentiments persisted on the Nigerian Exchange (NGX) on Tuesday, following profit-taking as Guinness dragged the All-Share Index lower by 0.29 per cent.
Specifically, the All-Share Index closed lower by 110.72 points or 0.29 per cent to 38,601.83 against 38,712. 55 posted on Monday.
Accordingly, month-to-date and year-to-date losses increased to 1.1 per cent and 4.1 per cent, respectively.
Also, the market capitalisation dipped N58 billion or 0.29 per cent to close at N20.202 trillion from N20.260 trillion recorded on Monday.
The loss was driven by price depreciation in large and medium capitalised stocks amongst which were; MTN Nigeria Communications (MTNN), Guinness, Chemical & Allied Products, Julius Berger and NCR Nigeria.