AIICO, GTCO, TRANSCORP Driving Intraday Loss on NGX
The Nigerian Exchange (NGX) is tracking lower, according to intraday trading data, driven by selling rallies on AIICO Insurance shares, GTCO and Transcorp Plc.
According to Alpha Morgan Capital midday report on equity market performance, equity investors are dumping Unity Bank shares as the lender share price tumbles by 4%.
Market data on decliners shows that there GTCO sheds 0.20% in the intraday trading, AIICO falls by 1.25%, TRANSCORP drops off 1.77% and UNITYBNK sinks 4.00%.
Overall, the Nigerian Exchange All Share Index is marginally lower by 0.01%, Alpha Morgan Capital said in the note. #AIICO, GTCO, TRANSCORP Driving Intraday Loss on NGX
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