NGX: Equities plunge further by 1.63%, as Aradel sell-off deepens market bear run

The Nigerian equities market extended its downward trajectory, closing the trading session on a notably bearish note. An analysis of the trading shows that heavy profit-taking in market bellwether Aradel Holdings Plc significantly dragged down the broader exchange, causing the benchmark All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) to slide by 1.63%. Despite ...