Mixed earnings: NSE indicators maintain negative outlook - Vanguard News Nigeria

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

Mixed earnings: NSE indicators maintain negative outlook vanguardngr.com vanguardnews

Newsmen reports that the market capitalisation on Tuesday, nosedive by N120 billion or 1.02 per cent to close at N11.677 trillion against N11.797 trillion on Monday.

Commenting, Mr Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., told NAN that the lull was due to low liquidity in the system.Omordion said that the low liquidity was as a result of the early exit of smart money in the market. Meanwhile, Mobil recorded the highest loss during the day, declining by N5.10 to close at N165 per share.

Africa Prudential increased by 12k to close at N4.92, while Union Bank of Nigeria gained 10k to close at N7 per share.

 

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:

 /  🏆 5. in BUSİNESS

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.

NSE, Meristem to launch investment style-focused indices - Vanguard News NigeriaThe Nigerian Stock Exchange, NSE, and Meristem Securities Limited are collaborating to launch two new style indices - the NSE-Meristem Growth Index and NSE-Meristem Value Index. These indices will be available real-time on the NSE’s website from tomorrow, (Tuesday, March 12, 2019).
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Equity market sustains positive performance as NSE index up 0.14% - Vanguard News NigeriaThe equities market maintained a positive performance at the close of trade on Tuesday as price upticks in Guaranty Trust Bank, GTBank (+1.1 percent), Union Bank Nigeria, UBN (+4.5 percent) and Zenith (+0.8 percent ) drove the benchmark index, Nigerian Stock Exchange, NSE All Share Index, ASI up by 0.14 percent to close at 32,173.66 points.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Mixed earnings: NSE indicators maintain negative outlookActivities on the Nigerian Stock Exchange (NSE), for the second consecutive day, maintained bearish trend, dropping further by 1.02 per cent...
Source: TheNationNews - 🏆 6. / 69 Read more »