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Business News

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

banking equities

By Dipo Olowookere 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

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