Equities Market Falls Further as Bears Consolidate Hold - THISDAYLIVE

The bears consolidated their hold on the market as trading opened for the week yesterday pushing the Nigerian Stock Exchange All-Share Index further down by 0.22 per cent to close at 26,390.08. Market capitalisation shed N28.5 billion to close at N12.853 trillion.

Fifteen stocks depreciated dominated by financial services stocks. NEM Insurance Plc led the price losers with 9.5 per cent, followed by WAPIC Insurance Plc with 8.5 per cent. The investment bank reported a revenue of N5.323 billion and profit after tax of N2.763 billion for the nine months ended September 30, 2019, compared with N5.969 billion and N3.082 billion respectively in 2018.

He said on the back of improving group performance, “we would continue to push further our cost-efficiency narrative why strategically focusing on improving our top and bottom lines in order to deliver superior returns to shareholders’ year end.”

A time is coming when the real bear Wil take over NSE

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 equity capitalisation now N12.94trn - SEC – Daily TrustThe Securities and Exchange Commission (SEC) has said the equity market capitalization currently stands at N12.93 trillion. The Acting Director General, Ms. Mary Uduk gave the figures at the sidelines of the 2019 World Bank/IMF annual meetings in Washington DC.ADVERTISEMENT She spoke on the market performance in 2018 to 2019.ADVERTISEMENT OVER 5,000 NIGERIAN MEN HAVE …
Source: Daily Trust - 🏆 13. / 51 Read more »

NERC, CBN Consider Ways to Monitor Electricity Market Funds - THISDAYLIVEChineme Okafor in Abuja In a bid to curb the poor remittances of power market funds by distribution companies, the Nigerian Electricity Regulatory Commission (NERC) is to set up mechanisms to rectify the Discos’ unruly financial behaviours by monitoring the monthly financial inflows into the country’s power market from the power distribution firms, THISDAY learnt …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Fire razes popular Edo market - Daily Post NigeriaFire on Saturday night engulfed the popular Santana Market along Sapele Road by Oba Eradiawa junction Benin City, Edo State. Helpless residents of the area
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Fire guts Santana market in BeninWhen will we hear good news in Nigeria....MBuhari na just back luck u be May God have mercy oh. After seeing this, I'm beginning to see some truth in this 👇🏼 this can't be coincidence.
Source: MobilePunch - 🏆 8. / 63 Read more »

One trader dies as fire razes Santana market - The Nation NewspaperGoods worth millions have been razed at the popular Santana Market along Sapele road in Ikpoba-Okha local government area.Fire fighters were said to..
Source: TheNationNews - 🏆 6. / 69 Read more »

Edo: Fire destroys multi-million Naira goods at Satana market – Daily TrustProperties worth several millions of Naira were on Saturday night destroyed by fire at Satana market in Ipoba Okha local government area of Edo state. Those of u clicking like button,does it mean u luv the story or what? Another fire?!🙆🏽‍♀️ oh noooooo! This country is scary to live in!!
Source: Daily Trust - 🏆 13. / 51 Read more »