Sell-offs in Dangote Cement, Nigerian banks push NGX to N750bn loss Monday …C0NTINUE READING HERE >>>
The Nigerian Stock Exchange started the week on a bearish trend as investors lost N750 billion from their port portfolios.
This is as selloffs in the stocks of Dangote Cement, Tier-one banks such as Guaranty Trust Holding Company (GTCO), FBN Holdings, among others, declined equities pulled the market’s performance down.
Data from Monday’s trading showed that the market capitalisation which opened at N55.132 trillion, shed N750 billion or 1.36 per cent to close at N54.382 trillion.
The…
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