NGX Extends Bearish Run As Investors Lose N515bn In One Day

The Nigerian equities market sustained its bearish momentum on Thursday, with investors losing N515 billion as selloffs in medium and large-cap stocks dragged the market lower. Market capitalisation declined to N124.239 trillion, weighed down by losses in stocks such as Lafarge Africa, Cadbury Nigeria, Nigerian Aviation Handling Company (NAHCO), Ikeja Hotel and Nigerian Enamelware. Similarly, […]