Negative sentiments persistent at NGX as ASI goes 0.3% lower - News Summed Up

Negative sentiments persistent at NGX as ASI goes 0.3% lower


At the end of trading activities at the Nigerian Exchange Limited (NGX), on Thursday, the All-Share index further declined by 0.30 per cent to close at 52,815.78 basis points amid sustained bearish sentiment. Consequently, the Month-to-Date loss printed -0.3 per cent, while the Year-to-Date return moderated to +23.7 per cent. As measured by market breadth, market sentiment was negative as 25 tickers lost relative to 11 gainers. Nevertheless, the sub-sector gauges were largely negative, the NGX Banking, the NGX Insurance, the NGX Consumer Goods, NGX Oil/Gas and the NGX Industrial indices declined by 0.97 per cent, 0.60 per cent, 1.76 per cent, 0.07 per cent and 0.02 per cent respectively. Miss Abegunde, a 24-year-old accountant who had just gotten her first job in one of the new generation banks, said she fell into depression after her boss sexually harassed her.Negative sentiments persistent at NGX as ASI goes 0.3% lowerNegative sentiments persistent at NGX as ASI goes 0.3% lower


Source: Nigerian Tribune June 03, 2022 06:32 UTC



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