Nigerian stocks in longest losing streak so far in 2021

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Equities continue to fall as consumer goods, bank stocks stoke losses.

Nigerian equities mounted further loss on Monday as the bourse of Africa’s largest economy saw its longest losing streak so far this year with stocks shedding over N442.386 billion in the last six days of trade, going down by 0.34 per cent.

Monday’s loss was driven by losses in bank and consumer goods stocks especially GTB, PZ, Flour Mills, Unilever and Champions Breweries. The News Agency of Nigeria reported that Ambrose Omordion, the chief operating officer of InvestData Limited said in an interview that theaction should aid the movement of funds into the stock market in a bid to find higher yields.

 

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The news you always tweet with joy.

To me, this is the reason they put that ban on cryptocurrency.

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Bad government of president bubu

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