Profit-taking pressure sends NGX lower, wipes out N1.88trn

Equity investors on Tuesday lost about N1.88 trillion as renewed selling pressure in MTN Nigeria, First HoldCo, AccessCorp, GTCO and other major stocks dragged the Nigerian Exchange (NGX) lower. The NGX All-Share Index (ASI) declined by 1.17 percent, shedding 2,897.67 points to close at 244,802.11, while the year-to-date return moderated to 57.31 percent. The decline […]