Stock market declines further as 28 firms lose

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The nation’s stock market declined further on Tuesday as bearish sentiments persisted, making investors lose N4.8bn.

The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N10.954tn on Monday to N10.948tn on Tuesday while the year-to-date loss stood at -7.3 per cent.

Activity level declined as volume and value traded fell by 17.7 per cent and 41.8 per cent to 374.026 million units and N3.057bn, respectively. Performance across sectors was bearish as all indices closed on a negative note. The insurance index led losers, down by 1.8 per cent largely on the back of losses in NEM Insurance Plc.

The consumer goods index fell by 0.2 per cent due to sell-offs in Nascon Allied Industries Plc and Dangote Sugar Refinery.Investor sentiment improved to 0.8x from the 0.4x recorded on Monday as 12 stocks advanced against 15 decliners.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Things keep getting worse

Noted. Next Level Pls

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 8. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Stock exchange market indices down by 0.01 per cent - Premium Times NigeriaThe crucial market indicators of the Nigerian Stock Exchange (NSE) on Tuesday maintained negative slide, dropping by 0.01 per cent.
Herkunft: PremiumTimesng - 🏆 3. / 78 Weiterlesen »

Jumia, the foreign-owned company in Nigeria, files for IPO on the New York Stock Exchange – Daily TrustJumia, an e-commerce company, founded in 2013 by Jeremy Hodara and Sacha Poignonnec, is scheduled to become the first “African” startup to list on a major global exchange – The New York Stock Exchange. Though Jumia’s African headquarters is located in Yaba, Lagos, Nigeria, the company was incorporated in Germany by non-Nigerians. (Jumia Technologies AG …
Herkunft: Daily Trust - 🏆 13. / 51 Weiterlesen »

Firm asks SEC to stop MTN from listing shares on stock market | The Guardian Nigeria News - Nigeria and World NewsThe law firm of Charles Mekwunye and Co has asked the Securities and Exchange Commission (SEC) to immediately stop telecoms firm, MTN from listing it shares on the Nigerian stock market.
Herkunft: GuardianNigeria - 🏆 1. / 94 Weiterlesen »