Two-day profit-taking drags NGX down by N894bn
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Nigeria's stock market lost N894bn over two trading days. The drop came from aggressive profit-taking at the end of September, with big banking and telecom shares bearing the brunt. Those heavyweights carry the most weight on the exchange, so the selloff erased a large slice of value in short order.
The Nigerian equities market lost N894bn in two days as aggressive profit-taking at the end of September hit heavyweight banking and telecom stocks. Read More: https://punchng.com/two-day-profit-taking-drags-ngx-down-by-n894bn/