NGX Extends Pullback as Profit-Taking Weighs on Blue Chips

Image Credit: govbusinessjournal.com
Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in DANGCEM (-4.89%) and ZENITHBA (-3.10%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.23% to settle at 239,734.61 points
  • Year to date returns fell to settle at 54.06%
  • While market capitalization fell by 1.23% to close at N153.86tn ($113.35bn)
  • Activity level in the market rose with the total value and volume of stock traded rising by 21.44% and 29.34% to settle at N72.17bn and 1.83bn units respectively

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