Specifically, the All-Share Index dipped 3.67 points or 0.01 per cent to close at 29,158.57 compared with 29,162.24 achieved on Monday.
“However, we advise investors to remain cautious, while seeking for opportunities, as we maintain our bearish outlook over the near term,” they said. Dangote Sugar lost 30k to close at N13.45, while NEM Insurance was down by 23k to close at N2.10 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:
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.
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 …
Source: Daily Trust - 🏆 13. / 51 Read more »
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.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Low liquidity: NSE market capitalisation loses N210bn - Vanguard News NigeriaThe bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent sell pressure.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
NSE market capitalisation drops below N11 trillion mark - Premium Times NigeriaWeekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Market sentiment may worsen this week – Analysts - Vanguard NewsSTOCK analysts have said that the huge sell-off witnessed in the market last week will continue this week after the major equities indicator – the All Share Index (ASI) dropped below 30,000 basis points.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Investors lose N171bn as market capitalisation drops below N11trn mark – Daily TrustWeekly trading on the Nigerian Stock Exchange (NSE) resumed yesterday on a negative note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips. The News Agency of Nigeria (NAN) reports that the market capitalisation dipped by N171 billion or 1.54 per cent to close at N10.955 trillion from …
Source: Daily Trust - 🏆 13. / 51 Read more »