Specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion.
Omordion said that the smart money that pushed the market up with expectations that the opposition would win the presidential election were leaving the market. Union Bank of Nigeria trailed with a loss of 60k to close at N6.65, while FBN Holdings was down by 30k to close at N8 per share. Air Services added 60k to close at N7.05, while Africa Prudential increased by 44k to close at N4.84 per share.
vanguardngr You na neva loss reach
vanguardngr Nigeria is in trouble o, to loose this huge amount even when the election is not free and fair.
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Presidential Election Result: Nigeria stock market loses N85bn in six hoursThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll. We said and the results are not finally out and the repercussions are already with us. We all shall bear the pain. Propaganda warfare Looters are shaking!!
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Presidential Election Result: Nigeria stock market loses N85bn in six hoursThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll. We said and the results are not finally out and the repercussions are already with us. We all shall bear the pain. Propaganda warfare Looters are shaking!!
Source: PremiumTimesng - 🏆 3. / 78 Read more »