Business

Profit-Taking, Attractive Fixed-Income Assets Drag NGX Down 0.44%

The Whistler Newspaper 01 Sep

Nigeria

Profit-Taking, Attractive Fixed-Income Assets Drag NGX Down 0.44% — Sources: The Whistler Newspaper

The Nigerian Exchange Limited (NGX) closed August on a bearish note, with the market capitalisation of listed equities declining by N587bn as investors locked in gains from the market’s earlier rally and redirected funds towards increasingly attractive fixed-income opportunities. The total value of equities on the NGX fell from N158.33tn at the end of trading […] Profit-Taking, Attractive Fi

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