Stock market down by N222bn

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ICYMI: Stock market down by N222bn

Despite the market breath closing on the positive rout, activities on the floor of the Nigerian Stock Exchange on Monday finished the trading session on the downtrend as losses from some blue-chip stocks helped the bears to sustain their grip on the equity market.Consequently, the All-Share Index dipped 425.24 basis points or 2.02 per cent to close at 20,669.38 index points as against 21.094.

Meanwhile, a turnover of 336.4 million shares exchanged in 4,184 deals was recorded in the day’s trading. The premium subsector was the most active with 167.3 million shares exchanged by investors in 2,313 deals. Volume in the subsector was largely driven by activities in the shares of FBNH Plc and Zenith Bank Plc.

Also, the banking subsector boosted by the activities in the shares of GTBank Plc and Fidelity Bank Plc followed with a turnover of 82.2 million shares in 616 deals.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

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Hmmm economy is really crashing

Is it wrong for the authorities at the exchange to suspend trading? Just wondering!

Chineke umu Israel !! 😳😳

Onpe

Please it should go down more

I think I should stop here for today or should I make it 1.5M? I'm tired already from 600k. Telegram:- . I will keep exposing the secret, all u need is SBS spreadsheet

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Stock market: Investors lose N222bn in 6 hours – Daily TrustActivities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading. This will directly or indirectly effect the economy And what is the Cause Recession don start b dat
Source: Daily Trust - 🏆 13. / 51 Read more »

Stock market: Investors lose N222bn in 6 hours – Daily TrustActivities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about six hours of trading. This will directly or indirectly effect the economy And what is the Cause Recession don start b dat
Source: Daily Trust - 🏆 13. / 51 Read more »