News Formal

Stock market opens weekly trading with N54bn loss

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Nigerian equities market began trading for the week on Monday still in a negative mood with the market capitalisation losing N54 billion or 0.27 percent to close at N20.089 trillion from N20.143tr achieved on Friday.

Specifically, the All-Share Index which opened for the week at 38,648.91 shed 103.61 points or 0.27 percent to close at 38,545.30.The market loss was driven by price depreciation in large and medium capitalised stocks, amongst which are Fidson Healthcare, Lasaco Assurance, Oando, Ecobank Transnational Incorporated and Dangote Sugar Refinery.

 

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

 /  🏆 13. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Stock market loses N54bn at week start
Source: Daily Trust - 🏆 13. / 51 Read more »

Stock market loses N54bn at week start
Source: Daily Trust - 🏆 13. / 51 Read more »