{
  "id": 14264921,
  "title": "NGX sheds N144.54 billion as bearish pressure persists",
  "url": "https://urgent.news/2026/10/13/ngx-sheds-n144-54-billion-as-bearish-pressure-persists",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T18:33:47.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/13/ngx-sheds-n144-54-billion-as-bearish-pressure-persists/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Nigerian Exchange (NGX) experienced a significant drop in market capitalization and index value on Tuesday, October 13, 2026, as bearish sentiment continued to influence the market. The equity market capitalization decreased by N144.54 billion, bringing the total down to N160.71 trillion from N160.85 trillion the previous day. The NGX All-Share Index (ASI) also fell by 0.09%, settling at 247,513.63 points, marking the lowest level reached during the trading window from October 7 to October 13. Despite the overall market decline, a few key sectors managed to post positive returns, offering some respite from the broader market correction.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}