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Bears Pullback Local Stock Market by 0.12% as Investors Lose N257bn

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Bears Pullback Local Stock Market by 0.12% as Investors Lose N257bn

17 Aug, 2026

The dominance of the bears on the Nigerian Exchange (NGX) Limited was consolidated on Friday, after further inflicting an 0.12 per cent loss at the close of trading activity. All the key sectors of the local stock market turned red yesterday as a result of sustained profit-taking, though the industrial goods space was flat. The insurance counter lost 1.49 per cent, the energy index shed 0.63 per cent, the consumer goods segment declined by 0.46 per cent, and the banking sector tumbled by 0.23 per cent......................................READ MORE