Stock Market Down 0.14% on Sell-off in FBN Holdings, 17 Others

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Kayode Tokede Trading activities in the stock market of the Nigerian Exchange Limited (NGX) yesterday depreciated by 0.14 per cent, following investors sell-off in FBN Holdings (FBNH) and 17 others…

Trading activities in the stock market of the Nigerian Exchange Limited yesterday depreciated by 0.14 per cent, following investors sell-off in FBN Holdings and 17 others stocks.

Consequently, the stock market in its Month-to-Date and Year-to-Date gains moderated to 0.4per cent and 24.5per cent, respectively. FTN Cocoa processors followed with a gain 5.88 per cent to close at 36 kobo, while Transnational Corporation of Nigeria gained 5.69 per cent to close at N1.30, per share.

 

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