Investors lose N108bn as stock market sustains downward trend - Vanguard News Nigeria

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Investors lose N108bn as stock market sustains downward trend vanguardngr.com vanguardnews

Trading results showed that market capitalisation which represents investors’ worth on the Exchange declined by N108 billion to close at N11.797 trillion from N11.905 billion on Friday

Consequently, Year-to- Date gain of the equities market fell to 0.66 percent. The market recorded 19 losers as against 14 gainers. The shares of Nestle Nigeria, Ecobank Transnational Incorporated, ETI and WAPCO dominated the losers table to shed by 1.99 percent, 3.47 percent and 2.14 percent respectively, contracting the Consumer Goods, Banking and Industrial Sector Indices by 0.68 percent, 2.87 percent and 0.44 percent respectively.

Cadbury led the price gainers rising by 10 percent or N1.10 to close at N12.10, followed by Mutual Benefits Assurance which went up by 8.7 percent or 2 kobo to close at N0.25. NASCON garnered 8.5 percent or N1.70 to close at N21.70, followed by Union Dicon which rose by 3.45 percent or N0.01 to close at N0.30 and NPF Microfinance Bank which went up by 3.23 percent or 5 kobo to close at N1.60 per share.

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:

 /  🏆 5. in İE
 

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

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Equity market sustains positive performance as NSE index up 0.14% - Vanguard News NigeriaThe equities market maintained a positive performance at the close of trade on Tuesday as price upticks in Guaranty Trust Bank, GTBank (+1.1 percent), Union Bank Nigeria, UBN (+4.5 percent) and Zenith (+0.8 percent ) drove the benchmark index, Nigerian Stock Exchange, NSE All Share Index, ASI up by 0.14 percent to close at 32,173.66 points.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

I'll sustain investment in Agriculture - Buhari - Vanguard News NigeriaPRESIDENT Muhammadu Buhari on Sunday assured that his administration would continue to sustain investment in agriculture. vanguardngr Abegi vanguardngr it is easier said than done vanguardngr Your counterparts in other countries are talking IT and u here talking about agriculture through cattle rearing at the expenses of lives of the Nigerian citizen
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Nigeria equity market rises by 0.14% in cautious trading - Vanguard News NigeriaThe Nigerian Stock Exchange (NSE) market indices on Tuesday sustained growth, posting a marginal gain of 0.14 per cent in a cautious trading.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Stocks Market Sustains Positive Streak On NASCON, Dangote Flour GainsThe Nigerian stocks market maintained a positive performance at the close of trade yesterday as a result of price upticks in NASCON Allied Industries, Dangote Flour Mills and 12 others. The All Share Index (ASI) gained 43.72 absolute points, representing an increase of 0.14 per cent, to close at 32,173.66 points. Similarly, market capitalisation grew […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Nigeria equity market extends negative outlook, down by 0.35% - Vanguard News NigeriaThe Nigerian Stock Exchange (NSE) extended negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking.
Source: vanguardngrnews - 🏆 5. / 75 Read more »