Following gains in 32 stocks, transactions on the Nigerian Exchange Limited (NGX) reopened on an upward note yesterday, as investors’ wealth appreciated by N128 billion.
The bears resurfaced in the equities sector of the Nigerian Exchange Limited (NGX) yesterday, occasioned by losses in many blue-chip stocks, especially Nigerian Exchange Group (NGXGroup) and Nigerian Breweries (NB) as market capitalisation depreciated by N6 billion.
By Dipo Olowookere Profit-taking in financial equities on Monday further mounted pressure on the Nigerian Exchange (NGX) Limited, resulting in a 0.07 per cent decline at the close of transactions. Business Post reports that the banking index depleted yesterday by 0.91 per cent, the insurance sector went down by 0.71
The Nigerian Exchange Limited (NGX) sustained a sliding profile at the reopening of transactions, yesterday, as many blue-chip stocks, especially Niger Insurance and AIICO depreciated in price