The stock market sustained its bearish run yesterday as 36 stocks, including bellwethers, recorded price losses while only eight stocks appreciated.
Analysts at Cordros Capital Limited said in the absence of a positive catalysts, as well as the still tense polity, investors should trade cautiously in the short term. The bears were dominated by bellwethers such as Dangote Cement Plc, Zenith Bank Plc, Access Bank Plc, GTBank Plc and Double One Plc. However, International Breweries Plc led the losers’ table with 9.9 per cent, trailed by A.G Leventis Nigeria Plc with 8.8 per cent. Jiaz Bank Plc and Linkage Assurance Plc went down by 8.6 per cent and 7.9 per cent respectively.
Going by the target of both banks, the merger would be concluded soon while the new enlarged entity would be begin to operate from April 11, 2019.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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NSE, Meristem to launch investment style-focused indices - Vanguard News NigeriaThe Nigerian Stock Exchange, NSE, and Meristem Securities Limited are collaborating to launch two new style indices - the NSE-Meristem Growth Index and NSE-Meristem Value Index. These indices will be available real-time on the NSE’s website from tomorrow, (Tuesday, March 12, 2019).
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Mixed earnings: NSE indicators maintain negative outlookActivities on the Nigerian Stock Exchange (NSE), for the second consecutive day, maintained bearish trend, dropping further by 1.02 per cent...
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Mixed earnings: NSE indicators maintain negative outlook - Vanguard News NigeriaActivities on the Nigerian Stock Exchange (NSE), for the second consecutive day, maintained bearish trend, dropping further by 1.02 per cent due largely to mixed 2018 earnings reports.
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Nigeria equity market extends negative outlook, down by 0.35% – Daily TrustThe Nigerian Stock Exchange (NSE) extended negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking. The All-Share Index on Thursday lost 111.68 points or 0.35 per cent to close at 32,010.06 compared to 32,121.74 achieved on Wednesday.ADVERTISEMENT Similarly, the market capitalisation which opened at …
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