The Nigerian Exchange (NGX) concluded its trading session on June 19 with a notable decline, primarily driven by ongoing profit-taking activities in key banking and industrial stocks. This trend resulted in a significant reduction of approximately ₦939 billion in the overall wealth of investors. The market capitalisation experienced a drop from ₦152.266 trillion at the start of the trading day to ₦151.327 trillion by the end of the session, reflecting the adverse impact of the sustained selling pressure.
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