NGX Loses 0.84% Despite N404.8 Billion Weekly Turnover as FirstHoldCo Drives Activity

The NGX All-Share Index declined 0.84% to 245,283.68 during the final trading week of July, despite weekly turnover rising to N404.8 billion. The report attributed the heightened activity largely to First HoldCo and other financial stocks, while broad profit-taking contributed to the market’s decline.