Nigerian stocks shed N6 billion on risk-off sentiment towards bank shares

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Bank stocks led by GTCO and Zenith drove the pullback, the day’s loss coming to N6 billion.

Capital Hotel led gainers, appreciating by 9.38 per cent to close at N1.40. Eterna rose 10 per cent to N6.82, following

Morison grew by 9.74 per cent to end trade at N1.69. Transcorp Hotel went up 9.30 per cent to N4.70. UPDC traded up 9.22 per cent to N1.54.Academy Press declining by 9.76 per cent to close at N0.37. Eterna shed 9.52 per cent to end trade at N1.71. Mutual Benefits fell to N0.32, losing 8.57 per cent in the process. ABC Transport slumped to N0.36, recording 7.69 per cent depreciation. Unity Bank closed at N0.56, going down by 6.67 per cent.Altogether, 198.3 million shares estimated at N1.

Sovereign Trust was the most active stock with 48.4 million of its shares worth N11.2 million traded in 70 deals. Mutual Benefits traded 27.1 million shares priced at N8.7 million in 48 transactions.

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 CA
 

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

Canada Canada Latest News, Canada Canada Headlines

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

Nigerian stocks scrape weak rally on higher demand for big-cap bank stocksThe all-share index rose 0.07 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »