Equities trading at the Nigerian Exchange Limited (NGX) maintained bearish stand as Investors Investors sold off MTN Nigeria shares which plummeted by ten per cent at the close of trading activities on Wednesday. Precisely, the benchmark index declined by 1.8 per cent to close at 42,463.16 basis points. Meanwhile, as measured by market breadth, market sentiment was negative, as 21 tickers lost relative to 14 gainers. On sectors, the Banking, Consumer Goods and Oil & Gas indices declined by 1.2 per cent, 0.1 per cent and 0.1 per cent respectively, while the Insurance index gained 0.8 per cent. The content of the article published by these online platforms is not new; it has been recirculated several times and has been debunked.Sell-off on MTNN stocks drive market 1.8 per cent lowerSell-off on MTNN stocks drive market 1.8 per cent lower

Source: Nigerian Tribune December 02, 2021 09:43 UTC