By Dipo Olowookere Renewed profit-taking by investors returned the Nigerian Exchange (NGX) Limited to the bears’ territory on Monday, closing lower by 0.89 per cent when trading activities ended for the day. The selling pressure on Nigerian stocks during the session occurred despite the key sectors of the bourse finishing stronger, as the banking sector appreciated by 2.56 per cent. Further, the insurance index improved by 2.03 per cent, the consumer goods space rose by 0.58 per cent, and the industrial goods counter jumped by 0.25 per cent, while the energy sector closed flat. Business Post reports that the loss
Nigerian Stocks Relapse by 0.89% After Profit-Taking
