Stock market sustains volatility as investors await new policies

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

Nigeria News News

Stock market sustains volatility as investors await new policies
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc

Stock market volatility continued with the benchmark Nigerian Exchange Limited, NGX, All-Share Index, ASI, closed higher, gaining a modest 11 bases points, bps, Week-on-Week, WoW, at 66,464.57 points last Friday from 66,362.14 points the previous week.

More companies continue to announce their second quarter 2023, Q2’23, financial results while the third quarter 2023, Q3’23, are already being expected to start pouring in any moment from next week for early filers. The analysts say that owing to the cautious environment pervading the nation’s equity market, it is important that investors invest wisely ahead of events and factors that will shape the market in the final quarter of this year.

Further details revealed that the weekly market breadth stood at 1.11x, signifying 40 advancing stocks in comparison to 36 declining ones.

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:

vanguardngrnews /  🏆 5. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines