News Formal

Stock market records second weekly loss, index drops by 0.44% | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 94%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stock market records second weekly loss, index drops by 0.44% | The Guardian Nigeria News - Nigeria and World News ⚠️

The All-share index and market capitalisation depreciated by 0.44 per cent to close the week at 49,475.42 points and N26.686 trillion respectively.

“Notwithstanding, we reiterate the need for positioning in only fundamentally sound stocks as the unimpressive macro environment remains a significant headwind for corporate earnings.” A breakdown of last week’s trading showed that a turnover of 719.4 million shares worth N8.004 billion was recorded in 17,444 deals by investors on the floor of the exchange.

The third place was the conglomerate industry, with a turnover of 36.577 million shares worth N2.332 billion in 2,425 deals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UNGA 77: USAfrica Business Network showcases Nigeria’s commodities | The Guardian Nigeria News - Nigeria and World NewsUSAfrica Trade and Business Network, Inc, a U.S.-based non-profit organisation has showcased some commodities from Nigeria to facilitate import and export opportunities
Source: GuardianNigeria - 🏆 1. / 94 Read more »