The equities market index is trading negative during the midday session on the Nigerian Exchange (NGX) platform due to sell pressure on banks and telecom company stocks. The Nigerian index declined yesterday due to weak sentiment despite earnings releases.

Gold has hit an all-time high in the global commodities market ahead of U.S. election. Gold hit another record high this morning, topping the all-time peak set just yesterday, climbing to $2,789.86/oz, ING said in a note.