Stock market down by N42bn on profit-taking

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The Nigerian equity market returned to negative territory on Wednesday as investors began to take profits to increase capital gains.

Key market indicators, the Nigerian Stock Exchange All-Share Index declined by 0.3 per cent as bargain hunters widen sell-offs to take profits from gains recorded last week.Consequently, the All-Share Index dropped by 90.8 basis points or 0.3 per cent to close at 35,056.82 basis points as against 35,147.62 recorded the previous day.

Meanwhile, a turnover of 368.97 million shares exchanged in 4,598 deals was recorded in the day’s trading. Volume in the subsector was largely driven by activities in the shares of FBNH Plc and Access Bank Plc.

 

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

Buhari !!!

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 UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines