NGX Crashes as Investors Sell Off Financial Stocks

The Nigerian Exchange (NGX) equities section concluded the trading session down on Tuesday as investors sold banking stocks. According to stockbrokers, big lenders such as GTCO (-3.88%), UBA (-1.23%), and ACCESSCORP (-0.55%) saw their share prices fall further. Similarly, the insurance index fell, with PRESTIGE (-7.32%), LINKASSURE (-6.82%), MANSARD (-4.76%), LASACO (-3.92%), and AIICO (-1.67%) … Continue reading NGX Crashes as Investors Sell Off Financial Stocks