Nigerian stocks in longest losing streak so far in 2021

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Equities continue to fall as consumer goods, bank stocks stoke losses.

Nigerian equities mounted further loss on Monday as the bourse of Africa’s largest economy saw its longest losing streak so far this year with stocks shedding over N442.386 billion in the last six days of trade, going down by 0.34 per cent.

Monday’s loss was driven by losses in bank and consumer goods stocks especially GTB, PZ, Flour Mills, Unilever and Champions Breweries. The News Agency of Nigeria reported that Ambrose Omordion, the chief operating officer of InvestData Limited said in an interview that theaction should aid the movement of funds into the stock market in a bid to find higher yields.

 

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

MBuhari nepotism won't let Nigeria rise. obyezeks T_Bakare NOIweala JoeBiden USinNigeria bbcnewspidgin AJENews BBCWorld CNN adeyanjudeji

The news you always tweet with joy.

To me, this is the reason they put that ban on cryptocurrency.

Meanwhile BTc hits new ATH

Bad government of president bubu

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:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines