The News Agency of Nigeria reports that as a result the All Share Index dropped 7.41 points or 0.02 per cent to close at 29,765.31 compared with 29,772.72 recorded on Wednesday.
Analysts at Afrinvest Limited said that they expected investors to cautiously take positions in fundamentally sound stocks, which were trading at attractive prices and offering high dividend yields as H1 earnings season approached.Linkage Assurance followed with a growth of 8.93 per cent to close at 61k, while Thomas Wyatt Nigeria rose by 8.82 per cent to close at 37k per share.
However, the volume and value of shares traded closed lower as investors bought and sold 275.49 million shares worth N3.91 billion in 3,977 deals.
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:
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.
Ellah Lakes lists additional 1.880m shares on NSE | The Guardian Nigeria News - Nigeria and World NewsEllah Lakes Plc has announced the successful listing of additional 1.880 million shares on the main board of the Nigerian Stock Exchange (NSE). Ellah Lakes’ listing of these shares on the NSE will create options for investors in the agri-business segment of the NSE. Consequently, this listing is expected to provide increased liquidity to existing shareholders. …
Source: GuardianNigeria - 🏆 1. / 94 Read more »
NSE Trades N11bn Worth Of SharesThe Nigerian Stock Exchange (NSE), yesterday traded shares valued at N11.225 billion, as the stock market declined by 0.39 per cent amid sell-off. The All – Share- Index (ASI) shed 117.53 absolute points, representing a dip of 0.39 per cent to close at 29,818.80 points. Similarly, the market capitalisation shed N52 billion to close at […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
MTN Nigeria’s Shares Gain 37% In One MonthFollowing its listing a month ago on the Nigerian Stock Exchange (NSE), MTN Nigeria Plc shares grew by 36.97 per cent. MTN Nigeria listed by introduction on the premium board of the NSE on May 16, 2019 to be the first telecommunications network provider to be listed on the Exchange. The company floated 20.35 billion […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Bearish sentiments drag stock market index further by 0.4% | The Guardian Nigeria News - Nigeria and World NewsThe reign of bears continued unabated on the trading floor of the Nigerian Stock Exchange (NSE), as more bellwether stocks depreciated in price, resulting to a further decline in the All-share index by 0.4 per cent. Yesterday, the All Share Index (ASI) shed 117.53 absolute points, representing a dip of 0.4 per cent …
Source: GuardianNigeria - 🏆 1. / 94 Read more »