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NGX Index Extends Loss by 0.15% on Weak Sentiment

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NGX Index Extends Loss by 0.15% on Weak Sentiment

07 Jun, 2024

The Nigerian Exchange (NGX) Limited further depreciated by 0.15 per cent on Thursday on the back of sustained profit-taking and weak sentiment.The banking space went down by 1.30 per cent during the session and the consumer goods index shrank by 0.09 per cent as a result of selling pressure.

The duo wiped out the gains posted by two other major sectors of the bourse, as the insurance counter appreciated by 1.66 per cent and the energy space grew by 0.28 per cent, while the industrial goods sector closed flat.At the close of transactions, the All-Share Index (ASI) retreated by 149.53 points to 99,134.85 points from 99,284.38 points, and the market capitalisation declined by N85 billion to N56.079 trillion from N56.164 trillion.

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