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Profit-takers Sink Nigerian Exchange by 1.23%

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Profit-takers Sink Nigerian Exchange by 1.23%

08 May, 2026

The Nigerian Exchange (NGX) Limited again succumbed to profit-taking on Thursday, shedding 1.23 per cent at the close of transactions. The plummeting of the bourse happened despite strong investor sentiment, as there were 40 price advancers and 32 price laggards, indicating a positive market breadth index. The loss was driven by the poor performance put up by the industrial goods and banking sectors, which closed lower by 5.45 per cent and 1.11 per cent, respectively......................................READ MORE