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Business News

Tier-1 Banks Revive Domestic Stock Market Indices by 0.05%

stock market indices scaled

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By Dipo Olowookere The Nigerian Exchange (NGX) Limited returned to winning ways on Tuesday as it closed higher by 0.05 per cent on renewed bargain-hunting by investors. It was observed that the domestic stock market indices were resuscitated yesterday by buying interest in financial stocks, especially the tier-1 lenders. Analysis of the data showed that they saved the bourse from extending its stay in the red territory after the insurance space gained 1.99 per cent and the banking index appreciated by 0.79 per cent. Business Post reports that during the trading session, the consumer goods space lost 0.34 per cent,

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