News Formal

Stock Market Declines Further By N37bn

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 77%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The bears continued to dominate the domestic stock market as capitalisation extended losses for a second consecutive session, falling by N37 billion at the

Accordingly, the All-Share Index shed 67.93 points, representing a loss of 0.12 per cent to close at 55,956.59 points. Also, market capitalisation depreciated by N37 billion to close at N30.469 trillion.

The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Dangote Cement, Stanbic IBTC Holdings, Nigerian Breweries, GlaxoSmithKline Consumer Nigeria and John Holt. However, market breadth closed positive, as 41 stocks gained relative to 13 losers. E-Tranzact International, Japaul Gold & Ventures, Prestige Assurance, Secure Electronic Technology, Sovereign Trust Insurance and Unity Bank recorded the highest price gain of 10 per cent each to close at N4.84, 44 kobo, 44 kobo, 33 kobo, 44 kobo and 66 kobo respectively, per share.

MRS Oil Nigeria followed with a gain of 9.96 per cent to close at N59.60, while Cornerstone Insurance rose by 9.90 per cent to close at N1.11, per share. On the other hand, John Holt led the losers’ chart by 9.68 per cent, to close at N1.40, per share. Caverton Offshore Support Group followed with a decline of 7.14 per cent to close at N1.30, while Wapic Insurance declined by 6.52 per cent to close at 43 kobo, per share.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Prof-taking Persist as Stock Market Depreciates by N37bn – THISDAYLIVE
Fonte: THISDAY LIVE - 🏆 14. / 51 Consulte Mais informação »

Worsening Creditworthiness In Emerging Market Dampens Global EconomyThe global economy market has become susceptible to additional shocks, vulnerabilities and increasing risk of low creditworthiness in emerging market due to
Fonte: LeadershipNGA - 🏆 4. / 77 Consulte Mais informação »

Naira hits new low at official marketThe fall of the naira at the official window comes less than two weeks after Nigeria’s newly sworn-in president, Bola Tinubu, during...
Fonte: PremiumTimesng - 🏆 3. / 78 Consulte Mais informação »

Naira Falls 1.02% After Closing Steady For 7 Days At Official MarketNigeria’s currency yesterday depreciated by 1.02 per cent (N4.83/$1) at the Investors and Exporters (I&E) forex window, Nigeria’s official foreign
Fonte: LeadershipNGA - 🏆 4. / 77 Consulte Mais informação »