Zenith, Access Holdings Drive Midday Loss on NGX
Selloff on Zenith Bank, Access Holdings among other early decliners are dragging the Nigerian Exchange downward during the intra day trading sessions.
The banking index heading negative for the day as investors pick profit on banking names.
At mid-day, the Nigerian Exchange All Share Index experienced a negative trajectory, reflecting a loss of -0.02%.
In its market updates, Aloha Morgan Capital Limited this downward movement is as a result of the selling interest of investors in some mid to high capitalized stocks.
UBA -4.59%, OANDO -3.09%, ACCESSCORP -2.91%, UCAP -1.91%, STERLINGNG -1.00%, TRANSCORP -0.44%, ZENITHBANK -0.13%, and others.
Also, the NGX Banking Index had lost -0.88% as at mid-day. #Zenith, Access Holdings Drive Midday Loss on NGX
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