Stocks listed on the Nigerian Exchange dipped about N150billion after scaling through varying sessions of losses and gains. The stock market ended the week with three days of gains and two days of losses.
It was reported during the week that the stock market went down by 0.68% resulting from sell pressures in industrial stocks.
However, about four key performance indices closed the week on a profitable note. They include: NGX Banking Index (+5.55%), Consumer Goods Index(+0.11%), Oil & Gas Index (+1.27%) and Insurance Index (+1.24%). The Industrial Index was the sole laggard at (-5.42).
The Nigerian Exchange Limited (NGX) All-Share Index and Market Capitalisation had opened the week at 42,167.91 points and N22.003trillion respectively but slid down to 41,882.97 points and N21.854trillion at the end of the trading week.
