Analysts Anticipate Cautious Trading In Stock Market

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Capital market analysts anticipated cautious trading in the local stock market this week due to the absence of significant positive catalysts to boost

The bearish mood on the Nigerian stocks persisted as selloffs and profit booking continued to defy the quarter-end window dressing on a declining traded volume, reflecting the mixed sentiment, as well as the wait-and-see attitude of investors ahead of the third quarter earnings reporting season.

Notably, the All-Share index dipped by 1.40 per cent week-on-week to close at 66,382.14 points. Similarly, market capitalisation shed N516 billion W-o-W to close at N36.331 trillion. On the other side, Oando led the decliners table by 33.76 per cent to close at N7.85, per share. FTN Cocoa Processors followed with a loss of 19.68 per cent to close at N1.51, while SUNU Assurances declined by 14.29 per cent to close at 90 kobo, per share.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Navigating dynamic landscape of online trading marketThe global online trading market has witnessed a remarkable upswing, fuelled by technological advancements and the widespread accessibility of the internet.
La source: MobilePunch - 🏆 8. / 63 Lire la suite »

Lagos govt reopens market closed over refuseThank you, you will not go hungry,” the traders said, thanking the commissioner as they rushed into the reopened market to continue their trading activities, a video posted by Mr Wahab shows.
La source: PremiumTimesng - 🏆 3. / 78 Lire la suite »

Equity market loses N516bn on waning investors’ interestsInvestors on the Nigerian Exchange Limited lost N516bn in one week of trading as the volume of trade tumbled by 65.76 per cent.
La source: MobilePunch - 🏆 8. / 63 Lire la suite »

Navigating dynamic landscape of online trading marketThe global online trading market has witnessed a remarkable upswing, fuelled by technological advancements and the widespread accessibility of the internet.
La source: MobilePunch - 🏆 8. / 63 Lire la suite »