Nigerian Exchange Group (NGX)
Profit-taking resurfaced on the Nigerian Exchange Limited (NGX) on Thursday, halting three successive sessions of bulls run as investors booked profits after the recent rally.
Consequently, the NGX All-Share Index (ASI) and market capitalisation depreciated by 0.57 per cent and 0.62 per cent to close the week at 37,994.19 and N19.796 trillion respectively.
Other indices finished higher except NGX All-Share, NGX-main board, NGX consumer goods and NGX Lotus II indices which depreciated by 0.57 per cent, 2.22 per cent, 0.32 per cent and 0.23 per cent respectively, while the NGX ASeM and NGX Growth Indices closed flat.
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Last week, a turnover of 1.348 billion shares worth N12.14 billion was recorded in 21,581 deals by investors on the floor of the exchange, in contrast to a total of 1.021 billion units valued at N14.145 billion that exchanged hands in 17,565 deals during the preceding week.