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Stock Market
Banking and insurance stocks dragged the Nigerian Exchange (NGX) All-Share Index (ASI) lower on Friday, reducing market capitalisation by more than N93 billion.
The Nigerian Exchange (NGX) market capitalisation dropped by N206 billion to N160.52 trillion week-on-week, delivering about a 59% year-to-date return.
Dangote Cement and FirstHoldCo rallied, halting the Nigerian stock market’s downtrend on FridaY
Sell pressure in Oando, Wema Bank, and other decliners dragged the Nigerian Exchange (NGX) All-Share Index
Nigerian stocks selloffs extended with investors losing about N104 billion…
The Nigerian stock market halted its single-day relief rally on Wednesday as sell pressure hit FirstHoldco (4.59%), Zenith Bank (1.21%), Access Holdings (6.12%), UBA (0.24%), and GTCO (0.08%).
Industrial stocks led the relief rally on the Nigerian Exchange (NGX) as the total equities portfolio value climbed N411 billion, halting the downtrend on Tuesday.