Market dives below N15tn as investors lose N267bn

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

The market capitalisation of equities on Wednesday dropped below N15tn as investors recorded losses totalling N267bn in three consecutive days.

The stock market had opened the week on a bearish note, losing N39bn as the market capitalisation dropped to N15.22tn from the N15.26tn recorded on Friday.

The most active stocks by volume were Zenith Bank Plc , Unilever Nigeria Plc and GTB while MTN Nigeria , Zenith Bank and GTB were the top traded stocks by value.The AFR-ICT index declined the most as investors dumped MTN Nigeria shares due to price depreciation. Similarly, sell pressures in Lafarge Africa Plc dampened the performance of the industrial goods index, which declined by 0.18 per cent.On the flip side, the consumer goods and oil and gas indices gained, up by 0.39 per cent and 0.36 per cent buoyed by price appreciation in Nigerian Breweries Plc, Flour Mills of Nigeria Plc and Oando Plc.

 

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

But when the market Gain over 500bn u didn't report it?.toilet paper ishakaa

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:

 /  🏆 8. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

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

BREAKING: Again, fire guts Balogun market, LagosWeldon Govt 👏 Not again 😢 Again, what I happening self. This carelessness ooo
Source: MobilePunch - 🏆 8. / 63 Read more »

BREAKING: Fire guts Balogun market, Lagos - The Nation NewspaperPopular Balogun market on Lagos Island is currently on fire.The fire reportedly started fro........................................ Blood of Jesus! For this buhari Nigeria! It's a pity! Okay, wtf is going on with these fires?!?!
Source: TheNationNews - 🏆 6. / 69 Read more »

Akwa Ibom govt to list Ibom Air on the Nigerian capital marketThe Akwa Ibom State government will soon list the shares of its own Ibom Airlines, the governor, Udom Emmanuel, disclosed on Tuesday in Uyo. Do they have Business Class Seats now? Or they are still doing Premium Economy
Source: PremiumTimesng - 🏆 3. / 78 Read more »

BREAKING: Lagos Balogun market on fire - Daily Post NigeriaThere is a report of another fire outbreak at the popular Balogun Market in Lagos. This came barely five days after the fire outbreak at a popular Amu Na who dey go around burning market? God help your children, why fire every where.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

JUST IN - VIDEO: Fire guts Balogun market, Lagos StateJUST IN - VIDEO: Fire guts Balogun market, Lagos State WednesdayThoughts WednesdayMotivation WhatWentWrong ReadThis 🙄🙄🙄 Na waoh! Everywhere inferno...hia!
Source: TheNationNews - 🏆 6. / 69 Read more »

Again, popular Lagos market on fire | The Guardian Nigeria News - Nigeria and World NewsSome sections of the Lagos popular Balogun market have been razed by fire on Wednesday morning. “A major fire outbreak has been reported in Martins street, Lagos Island,” Lagos State governor spokesman Gbenga Akosile tweeted. Akosile said the a combined team of the state safety workers are on ground to curtail the spread of the …
Source: GuardianNigeria - 🏆 1. / 94 Read more »