Equities trading at the Nigerian Exchange Limited (NGX), last week was red, as local bourse closed bearish over profit booking. Over the five-day trade, investors lost N123 billion from their investment, leaving the market capitalisation at N19.796 trillion as against an opening of N19.919 trillion. The ICT Industry followed with 110.067 million shares worth N776.402 million in 744 deals. The third place was Conglomerates Industry, with a turnover of 100.008 million shares worth N216.504 million in 788 deals. As a result, we think the local bourse will likely exhibit a zig-zag pattern.”YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNEBuhari Urges MTN For Quality Service, Downward Price Review In Cost Of Data, Other ServicesPresident Muhammadu Buhari Friday at State House Abuja urged the MTN Group to make the available top-of-the-range service to its Nigerian subscribers… Local stock market bows to profit taking ; Local stock market bows to profit taking ; Local stock market bows to profit taking ; Local stock market bows to profit taking.

Source: Nigerian Tribune July 11, 2021 20:15 UTC