Negative sentiments persist at the Nigerian Exchange Limited (NGX) as the All-Share Index recorded a 0.2 per cent decline at the end of the week, owing to profit-taking of some banking stocks. However, activity levels were stronger than the prior week, as trading volumes and value rose significantly by 42.4 per cent w/w and 17.0 per cent week on week, respectively. The Conglomerates Industry followed with 103.226 million shares worth N704.563 million in 954 deals. The third-place was Oil and Gas Industry, with a turnover of 89.472 million shares worth N353.533 million in 1,479 deals. Profit-taking on banking stocks dips market by 0.2% ; Profit-taking on banking stocks dips market by 0.2% ; Profit-taking on banking stocks dips market by 0.2%.

Source: Nigerian Tribune April 18, 2021 16:18 UTC