Specifically, the market capitalisation closed lower at N13.993 trillion having lost N265 billion or 1.86 per cent from the N14.258 trillion achieved on Wednesday.
Also, analysts at Cordros Capital said: “our projection for equities in the short to medium-term remains conservative amidst the absence of any catalyst of market returns.” Cement company of Northern Nigeria was down by N1.50 to close at N13.85, while Dangote Cement dipped by 50k to close at N173 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:
nah wah oo
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.
Airtel’s listing adds N1.4trn to market cap – Daily TrustFollowing Airtel Africa’s listing yesterday on the floor of the Nigeria Stock Exchange (NSE), the market recorded a bullish outing despite losses in bellwether stocks forcing market capitalisation to increase by N1.4bn to N14.3trn. The Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc were listed at an offer price of N363 …
Source: Daily Trust - 🏆 13. / 51 Read more »
Airtel listing pushes market capitalisation by N1.34 trillion | The Guardian Nigeria News - Nigeria and World NewsDespite price losses that outweighed gains, transactions in the equities sector of the Nigerian Stock Exchange (NSE), sustained rising profile as market capitalisation rose by N1.34 trillion. The increase in NSE’s market capitalisation is attributable to Airtel Africa’s cross-border secondary listing of 3,758,151,504 ordinary shares on the nation’s bourse yesterday. Specifically, …
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Fire guts warehouses, shops at Lagos market – Daily TrustA fire incident at 4 Market Street Tinubu Square on Lagos Island left many shops and warehouses burnt yesterday. It was learnt that the inferno broke out from a three-storey building in the area.ADVERTISEMENT Officers of the state fire service were immediately mobilized to the scene to quell the fire and prevent it from spreading …
Source: Daily Trust - 🏆 13. / 51 Read more »
Suicide: NAFDAC bans sale of Sniper, others in the open marketSniper is not the only way people commit suicide, that is not the solution who every want to kill himself or herself will still do. Don't stop people business. sorry to ask.. what of a market that has gates? There are other pesticides and other chemicals that are as lethal (or more) than sniper...,.... The main course of suicide in Nigeria is the Bad Economic clime Suicide weren't common some 6-10 years ago
Source: MobilePunch - 🏆 8. / 63 Read more »