News Formal

Capitalisation dips by N46 billion amid losses in 27 stocks

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 94%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The hike in interest rates impacted negatively on the domestic equities market yesterday market capitalisation declined by N46 billion,

amid sell pressure in 27 stocks with a decline of N46 billion.

The downturn was driven by price depreciation in large and medium-capitalised stocks amongst which are; Zenith Bank, Custodian Investment, Vitafoam Nigeria, United Bank for Africa and John Holts. As measured by market breadth, market sentiment was negative, as 14 stocks gained relative to 27 losers. Ikeja Hotels emerged as the highest price gainer of 7.58 per cent to close at N7.10 kobo.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 1. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Gains in 35 stocks lift market capitalisation by N95 billionThe domestic equities market reversed losses to reopen upbeat, yesterday, as market capitalisation appreciated by N95 billion
Fonte: GuardianNigeria - 🏆 1. / 94 Consulte Mais informação »

Capitalisation rises by N131 billion amid gains in 29 stocksThe Nigerian equities market sustained rising profile, yesterday, as market capitalisation increased by N131 billion amid price appreciation
Fonte: GuardianNigeria - 🏆 1. / 94 Consulte Mais informação »