Nigerian stocks plunge N301 billion on third day of loss

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The All Share Index toppled 1.48 per cent.

– Airtel and Zenith Bank – steering the move to the negative territory.

It marked the third successive day of loss, with the size of trade contracting by as much as 25 per cent, raising fears that the current investor apathy in the market could worsen further. The banking index was down by 0.62 per cent, the biggest fall of the five sectorial indexes tracked by the bourse. Conversely, the oil and gas index advanced most, adding 7.12 per cent on the strength of one-tenth rise in the value of Nigeria’s biggest energy company by market value, Seplat.The all-share index diminished by 577.43 basis points to 38,445.09, while market capitalisation depreciated by N301 billion to N20.038 trillion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Na crypto dem dey shout even Nigeria stock is crashing , if it an investment now they will say they wan people , are they not to suppose to warn people on this, now money is lost it’s the same as any investment .

E go reach everybody

nooo only crypto is volatile please

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:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Profit-taking in bank, industrial shares sets Nigerian stocks on further slideYear to date, the index is down by 3.1 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »