Plus234Feed

Nigerian Exchange Records First Loss in 6 Days: Investors Exchange Over 400m Equities

Business
Legit NG
1 min read
Nigerian Exchange Records First Loss in 6 Days: Investors Exchange Over 400m Equities

The Nigerian Exchange NGX Limited experienced its first loss in six consecutive trading sessions, with over 400 million equities exchanged by investors. Despite the decline influenced by selling pressure, the banking index showed growth while commodity counters increased.

The All-Share Index (ASI) decreased by points, and market capitalization dropped significantly. The market saw more price losers than gainers, reflecting a mixed sentiment among investors.

The Central Bank of Nigeria reported a strong performance of the naira in the foreign exchange market, indicating stability in the currency's value.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

Read full article

Continue on Legit NG

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.