MTNN, SEPLAT, UBA Drive Intraday Loss in Equity Market
The Nigerian Exchange (NGX) is currently tracking lower on Thursday noon as stockbrokers dump some bellwethers, and mid-caps stocks, midday report by Alpha Morgan Capital shows.
Traders said there is selling pressures in MTNN as the telecom giants share price drops by 0.05 per cent, UBA dips 0.59 per cent, and TRANSCORP tracks lower by 0.87 per cent, SEPLAT tumbles 3.53 per cent.
In the banking segment, UNITYBNK share price sheds 3.92 per cent, and FCMB declines by 4.15 per cent amidst the ongoing bearish movement. Read: Banking, Industrial Stocks Drive Intraday Rally on NGX
Overall, the Nigerian Exchange All Share Index (ASI) is lower by 0.06 per cent. MTNN, SEPLAT, UBA Drive Intraday Loss in Equity Market
