
Profit-Taking Wipes Value Off NGX as All-Share Index Slips 0.09%
Nigeria's equities market fell for a second straight session on October 13, with the All-Share Index slipping 0.09% as investors booked profits in large-cap stocks after a record run.
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Nigeria's equities market fell for a second straight session on October 13, with the All-Share Index slipping 0.09% as investors booked profits in large-cap stocks after a record run.
The All-Share Index fell 0.97% in the week ended 9 October, while trading value increased despite a drop in share volume.
Lenders led a broad advance after a softer inflation print revived bets on a pause in the tightening cycle.

UPL and CMFC Lead the Price Movers University Press led the gainers with a 9.89% increase to ₦5, narrowly ahead of CMFC, which rose...
A sustained run in financial-sector stocks lifted the value of the Nigerian Exchange to a record N164 trillion at the end of September, capping one of the strongest equity rallies in years.