Equities Market Loses N48bn On Bearish Streak

The Nigerian Equities market resumed yesterday’s session on consolidation of a five-day losing streak with a loss of N48 billion buoyed by declined bargain hunting

Analysts at Afrinvest Limited said that “Given the negative trend in the equities market, we expect the bearish performance in the market to persist but with opportunities for bargain hunting.” Market breadth closed negative, with 15 gainers versus 20 losers. Consolidated Hallmark Insurance and UACN Property Development Company recorded the highest price gain of 10 per cent each, to close at 22 kobo and N1.65, respectively, while Sovereign Trust Insurance followed with a gain 8.70 per cent to close at 25 kobo, per share.

Россия Последние новости, Россия Последние новости

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

Nigeria’s first ultra-modern agro-commodity market in Kano ready soon – Daily TrustThe first phase of the Gezawa ultra-modern agricultural produce commodity exchange market in Kano, the first agro-commodity market in Nigeria is set to be commissioned soon, as over 90 per cent of construction works is said to have been completed, Daily Trust reports. Speaking during a one-day stakeholder’s meeting between farmer associations in all the …
Источник: Daily Trust - 🏆 13. / 51 Прочитайте больше »