Stock Market Loses N85bn In 6 Hours

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Stock Market Loses N85bn In 6 Hours
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The market capitalisation of listed equities yesterday shed N85billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll. Specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion. The All Share Index (ASI) shed […]

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Stock market extends gains to second consecutive session by N77bn – Daily TrustStock market extends gains to second consecutive session by N77bn – Daily TrustTrading at the domestic market of the Nigeria Stock Exchange extended its positive performance into the second day as market capitalisation yesterday increased by N77.5bn to settle at N12.2tn. The All Share Index went up 0.6% to 32,614.06 points due to gains in bellwether stocks – NIGERIAN BREWERIES (+10.0%),ZENITH (+1.8%) and GUARANTY (+0.8%), while Year …
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Profit Taking Drags Stocks Market Down By 0.14%Profit Taking Drags Stocks Market Down By 0.14%The Nigerian stocks market at yesterday trading session, reversed its positive performance with a decline of 0.14 per cent, following profit taking by investors. The All Share Index (ASI) shed 45.40 absolute points, representing a dip of 0.14 per cent to close at 32,568.65 points. Similarly, the market capitalisation shed N17 billion at N12.145 trillion. […]
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Presidential Election Result: Nigeria stock market loses N85bn in six hoursThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll. We said and the results are not finally out and the repercussions are already with us. We all shall bear the pain. Propaganda warfare Looters are shaking!!
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