By Helen Oji The Nigerian Exchange Limited (NGX) halted gains to close on a downward note yesterday, as the All-share index (ASI) declined by 0.04 per cent amid losses in MTN Nigeria and 14 stocks. Indeed, yesterday, the ASI declined by 43.27 points, which represented a decline of 0.04 per cent to close at 100,032.32 points. Accordingly, market capitalisation fell by N24 billion to close at N56.646 trillion. The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; MTNN, NASCON Allied Industries, Dangote Sugar Refinery, Wema Bank and AXA Mansard Insurance. Analysts at SCM
The post NGX halts gains, as index dips by 0.04% amid losses in MTN, 14 stocks appeared first on The Guardian Nigeria News – Nigeria and World News.
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