• info@ocmlng.com
  • 0201-2914775
Dangote Refinery Initial Public Offer. Click here to subscribe

Profit-taking Further Depletes Stock Investors’ Portfolios by N91bn

Home > market news
Stock Market News

Profit-taking Further Depletes Stock Investors’ Portfolios by N91bn

06 Oct, 2026

Portfolios of stock investors further depreciated by 0.06 per cent on Monday as a result of sustained profit-taking by market participants, as the bears continued to expand their dominance. During the session, sell-offs were witnessed in three of the five major sectors of the Nigerian Exchange (NGX) Limited, data analysed by Business Post showed. The insurance space lost 1.15 per cent, the consumer goods counter declined by 0.71 per cent, and the energy sector shrank by 0.05 per cent. However, the banking index gained 0.07 per cent, while the industrial goods segment closed flat..............................READ MORE