NGX sustains losing streak, as value of 16 stocks fall

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NGX sustains losing streak, as value of 16 stocks fall
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NGX sustains losing streak, as value of 16 stocks fall ⚠️

Nigerian Exchange Limited

On market outlook, GTI Securities Limited said: “Bearish sentiment persists as the equity market closed negative. We expect negative sentiments to persist for the rest of the week, pending any significant economic developments.” Meyer went up by 9.57 per cent to close at N1.03, while Regency Alliance Insurance appreciated by 9.09 per cent, to close at 36 kobo. On the other hand, Veritas Kapital Assurance led the losers’ chart by 8.7 per cent, to close at 21 kobo. UACN followed with a decline of 7.49 per cent to close at N10.50 kobo while Transcorp Hotels depreciated by 6.78 per cent to close at N4.95 kobo.

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