Browsing: NGX

Equities investors lost more than N72 billion as selloffs halted eight days of gaining streaks on the Nigerian Exchange on Friday. Trading session ended negative due to profit-taking activities on Aradel Holdings, halting an eight-day rally.

The Nigerian Exchange (NGX) All-Share index (ASI) has declined during intraday trading session due to early profit-taking activities. Sell side actors resume action on oil and banking stocks, while there is also moderate sell pressure on the consumer goods index.

Aradel Holdings Plc, and some banking names are driving positive momentum on the Nigerian Exchange (NGX) trading platform during early trading hours on Thursday. Investors are hunting for oil stock and Aradel Holdings has become an attractive counter amidst sustained bullish trend in the local bourse.