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Headline : NGX Index Down 0.06% on Sustained Profit-Taking in Banking Equities

Read more from the original article on here at businesspost.ng.




Tags : #ngx #index #down #00625 #sustained #profittaking #banking #equities


No. of Paragraph 17

More profit-taking in banking equities kept the Nigerian Exchange (NGX) Limited in the domain of the bears by 0.06 per cent on Thursday.

The stock market could not find its way back to the green territory during the session despite the gains posted by the consumer goods and insurance indices.

According to data obtained by Business Post, the banking space lost 0.63 per cent yesterday and it was enough to compound the woes of the local bourse for the 16th consecutive trading day.

But the consumer goods index appreciated by 0.14 per cent, and the insurance counter improved by 0.03 per cent, while the energy and industrial goods sectors closed flat.

Read more from the original article on here at businesspost.ng.


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