Low liquidity: NSE market capitalisation loses N210bn - Vanguard News Nigeria

The index lost, in spite of improved earnings reports, 558.04 points or 1.85 per cent to close at 29,668.73 compared with 30,226.77 recorded on Tuesday.

“Investors look to government’s policy direction as the market faces low liquidity problems in the ongoing earnings reporting season, vis-à-vis, market and economic fundamentals. Guaranty Trust Bank went down by N1 to close at N35, while Zenith Bank declined by 90k to close at N20.40 per share. Sterling Bank added 9k to close at N2.48, while Fidelity Bank increased by 6k to close at N1.87 per share.

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Banking stocks undermine NSE performance - Vanguard News NigeriaHEAVY losses in the banking stocks undermined the performance of the stock market, leading to loss of 0.31 percent in the All Share Index, ASI, last week.
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