Equities market record N24bn loss on Sale pressure

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Sale pressure on UACN (-0.5 percent), International Brewery (-40%), and GTCO (-2.0%) led to a negative performance on the local bourse as market

Consequently, the NGX All-Share Index declined by 12bps to 39,204.52 points while the Year-to-date loss slid to -2.6%.

 

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

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

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

NGX market capitalisation extends loss by N24bn - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

Equities lose momentum as capitalisation depreciates by N1bn | The Guardian Nigeria News - Nigeria and World NewsThe Nigerian equities market sustained a sliding profile yesterday, occasioned by losses in many blue-chip stocks, especially, Cornerstone Insurance and Universal Insurance, causing market capitalisation to depreciate further by N1 billion.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Naira losses at black, official marketsThe local unit weakened against the U.S dollar at the official market on Wednesday as foreign exchange supply rose significantly. Which one is black official market
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Attracting and managing retail investors | The Guardian Nigeria News - Nigeria and World NewsThe increasing complexity of picking which assets to own has put both asset managers, especially securities dealers and investors under pressure in the global capital market.
Source: GuardianNigeria - 🏆 1. / 94 Read more »