Nigerian Equities Market Sees Marginal Decline Amid Profit-Taking Across Sectors
The Nigerian equities market experienced a marginal decline as profit-taking persisted across key sectors. The market closed slightly lower, with the All-Share Index edging down.
Investor sentiment was mixed, balancing optimism in insurance and tech stocks against losses in industrial and healthcare sectors. Notable movements included gains in insurance stocks like Prestige Assurance and Wapic Insurance, while mid-tier names like Austin Laz and Fidson Healthcare saw declines due to profit-taking.
CWG PLC also advanced, reflecting increased interest in the ICT sector.
Plus234Feed summary based on reporting from The Will. Read the original report below.
Read full article
Continue on The Will
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Equities Market Closes Lower Amid Profit-Taking Across Sectors
Nigerian Equities Market Extends Losses Amid Bearish Sentiment
Nigerian Equities Market Loses N298 Billion as Investors Shed Shares
Nigerian Stock Market Records N135.13bn Decline; MTN and Others Drive Sell-off
Nigerian Stock Market Sees Profit-Taking in 23 Stocks, NGX ASI Declines by 0.08%
Nigerian Equities Investors Lose N1.17 Trillion in Fresh Sell-Offs
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
