Stock market reopens with 0.2% loss | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

“We maintain our bearish stance for the market, although the current low prices of stocks pose opportunities for bargain hunting.” Nigeria StockMarket

Specifically, at the close of transactions yesterday, the ASI decreased by 48.41 absolute points, representing a dip of 0.2 per cent to close at 27,650.28 points. Similarly, the market capitalisation lost N24 billion to close at N13.460 trillion.

Also, analysts at United Capital Plc in their report for this week predicted that the decision of the Monetary Policy Committee would affect investors’ sentiment towards the equity market, in conjunction with the happenings in the global space. Market breadth closed negative, with 18 gainers versus 24 losers. NCR Nigeria and Trans-Nationwide Express recorded the highest price gain of 10 per cent each, to close at N4.95 and 77 kobo, respectively, while Eterna followed with a gain 9.09 per cent to close at N3 per share.

NPF Microfinance Bank lost 9.60 per cent to close at N1.13, while UACN shed 9.49 per cent to close at N7.15, 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:

 /  🏆 1. 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.

Operators deplore N221 billion loss in telecoms industry | The Guardian Nigeria News - Nigeria and World NewsAccording to the operators, under the aegis of Wireless Application Service Providers Association of Nigeria, activities of the DND had cost them N221 billion in the last two years. Nigeria Telecoms So they want to continue to disturb us!? Nonsense, improve your services and watch sales increase!
Source: GuardianNigeria - 🏆 1. / 94 Read more »