Nigeria’s equities market recorded another negative close on Thursday by 0.49 percent, thereby rerouting this week’s returns into the negative region of 0.32 percent.
The record decrease on the Nigerian Exchange Limited (NGX) was possible due to activities of profit-takers in banking, consumer goods, industrial and oil & gas stocks, despite mild gains in insurance counters.
NGX Banking Index recorded the highest decrease on Thursday by 1.41 percent, followed by NGX Consumer Goods Index which was down by 0.92 percent.