Bearish – InfoStride News

NGX Starts Week on Bearish Note as ASI Dips by 0.74% Amid Profit-Taking

Temitope Nlewemchi — Tue, 29 Oct 2024 19:42:36 +0000

The Nigerian Exchange Goup (NGX) began the week on a downtrend as the All-Share Index (ASI) dipped by 0.74%, marking continued sell-offs as investors engage in profit-taking activities. This decline underscores a cautious start to the week as market sentiment remains tepid, with many investors capitalizing on gains made in prior sessions, especially in high-performing [...]

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NGX Extends Bearish Trend as ASI Falls by 0.66% Amid Continued Profit-Taking

Temitope Nlewemchi — Tue, 29 Oct 2024 19:34:50 +0000

The Nigerian Exchange Group (NGX) witnessed a continued downturn in its equities market as the All-Share Index (ASI) fell by 0.66%, marking the extension of a bearish trend fueled by sustained profit-taking. This decline reflects cautious investor sentiment and the decision by many to capitalize on recent gains, especially in high-performing stocks. The dip in [...]

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