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Stock Market
Transcorp Power and some tier-1 banks drove momentum on the Nigerian Exchange (NGX), pushing the All-Share Index
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.
Profit-taking in shares of top big banks knocked about N545 billion off the Nigerian Exchange (NGX) equities market capitalisation, marking the sixth consecutive downturn since last week.
The Nigerian Exchange (NGX) equities market capitalisation declined on Monday as investors’ portfolio values fell by more than N106 billion due to sell-side pressure.
The Nigerian Exchange (NGX) year-to-date return moderated to 56.1% as sell pressure weighed….
The Nigerian Exchange (NGX) key performance indicators headed south on Thursday, with selloffs in consumer goods and insurance names leading the decliners.