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Stock Market
Three insurance equities accounted for 4.168 billion shares valued at N9.249 billion in 1,660 deals
Energy, oil, gas, and insurance stocks dragged the Nigerian Exchange (NGX) market indicators lower, as sell pressure in the local bourse entered its eighth day on Thursday.
The Nigerian Exchange (NGX) declined on Wednesday, with market capitalisation falling by about N556 billion amid sustained selling pressure on the local bourse.
Buying interest in FCMB and Jaiz Bank drove the banking index higher on the Nigerian Exchange despite significant profit-taking.
The Nigerian Exchange (NGX) All-share index (ASI) declined week-on-week (WoW) as equity investors lost N394 billion due to sell pressures in some top stocks.
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