Profit Taking Halts 12-day Price Rally at Stock Market - THISDAYLIVE

The rally at the stock market was halted yesterday after 12 days as investors moved in to lock in profit accumulated during the bull run. As a result, the Nigerian Stock Exchange All-Share Index fell 0.95 per cent to close at 28,634.35, while market capitalisation shed N143.7 billion to close at N14.967 trillion.

However, the bears set in following profit take by investors which led to 31 stocks depreciated compared with 21 stocks that appreciated. But analysts had envisaged the return of the bears after 12 days of dominance by the bulls. On the positive side, Berger Paints Nigeria Plc led the price gainers with 9.8 per cent, trailed by Linkage Assurance Plc with 9.7 per cent. NASCON Allied Industries Plc and Mutual Benefit Assurance Plc appreciated by 9.5 per cent apiece, while CAP Plc chalked up 9.3 per cent among others.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks Market Hits New High on Sustained Bargain Hunting - THISDAYLIVEBy Goddy Egene Trading in the domestic equities market continued on bullish note as bargain hunting lifted indicators to new record highs. The Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) rose 2.1 per cent, the highest daily gain since May 5, to close at 27,554.49. Thus, the year-to-date performance, which entered positive territory last … APCNigeria
Источник: THISDAY LIVE - 🏆 14. / 51 Прочитайте больше »

1 dead as market stall collapses in Kano ancient Kurmi MarketKano state Fire Service has confirmed the death of one woman as a newly constructed market stall collapsed on four passers bye in the ancient Kurmi market last
Источник: Daily Trust - 🏆 13. / 51 Прочитайте больше »