Nigerian stocks fall after sell-offs in industrial goods, energy shares

Nigerian stocks were weaker by 0.40 per cent on Monday as investors put huge volumes of industrial goods and oil and gas stocks up for sale, causing equities to shed about N100 billion in value.Cement and Zenith led the retreat, even though there was a marked improvement in liquidity, with trade volume jumping by 29 per cent.The all-share index inched down by 158.98 points to 39,326.67, while market capitalisation dipped to N20.5 trillion.Honeywell led the gainers, appreciating by 9.

went up by 9.84 per cent to N2.01. ABC Transport rose to N0.36, notching up 9.09 per cent in the process. Presco added 8.90 per cent to end the trade at N79.50. FTN Cocoa completed the top 5, climbing by 8.33 per cent to N0.52.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Quest Plans $20m Captive Power Sector InvestmentQuest, an indigenous energy provider has revealed plans for major investments in the Nigerian oil and gas sector, projecting double digit growth by first
Herkunft: LeadershipNGA - 🏆 4. / 77 Weiterlesen »

Agbonifo: From Selling Okrika To Paris School of BusinessEdo-state born Fashion Entrepreneur, Eghosa Agbonifo has shared his experience of how he grew from selling second hand clothes popularly called Okrika to
Herkunft: LeadershipNGA - 🏆 4. / 77 Weiterlesen »

‘More investment in cyber security will rejig Nigeria’Olawepo-Hashim explained that such investment would earn the Nigerian market more trust in a short while and cut a reasonable share of the global market with India and Brazil.
Herkunft: Daily Trust - 🏆 13. / 51 Weiterlesen »