Nigeria Stock Market Downs N118.19bn On Profit-Taking
Profit-taking by investors continued on the Nigerian Exchange Limited (NGX) stock market for the second consecutive day, causing market...
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Profit-taking by investors continued on the Nigerian Exchange Limited (NGX) stock market for the second consecutive day, causing market...
The all-share index was down by 364.31 basis points at 52,411.09, while market capitalisation fell to N28.3 trillion.
Massive buying interest occasioned by improved corporate performance yesterday, lifted transactions on the equities sector of the Nigeria Exchange Limited (NGX) as market capitalisation crossed the N28 trillion mark.
Following modest gains recorded by many blue-chip stocks, especially Eterna and Japaul Gold and Ventures, transactions on the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday, as market capitalisation increased by N320 billion.
Following losses suffered by many blue-chip stocks, the Nigerian equities market reversed gains to close on a downward note yesterday, as the market capitalised by N5 billion.