News Formal

Market reverses gains as index plunges by 0.05 per cent

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 94%

United States News News

United States United States Latest News,United States United States Headlines

“We expect mixed performance to continue, as market players interpret the outcome of Monetary Policy Committee and expected impact of the stimulus package on the economy in the midst of investors expecting their dividend payment from the companies that ...

Transactions on the equities sector of the Nigerian Stock Exchange , reversed past positive sentiments to close on a downturn yesterday, causing the All-Share Index to slump by 0.05 per cent

The Chief Operating Officer of InvestData Consulting Limited, Ambrose Omordion pointed out that the medium and high cap stocks have hit new lows on the Exchange. FSDH Group Research said: “The markets may remain volatile in the near term. We advise investors to accumulate quality stocks at lower levels with a long-term investment horizon.”

PZ Cussons Nigeria went up by 8.64 per cent to close at N4.40, while Wema Bank appreciated by 8.33 per cent to close at 52 kobo, per share. On the other hand, Total Nigeria led the losers’ chart by 10 per cent, to close at N96.30, per share.

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:

 /  🏆 1. in US
 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NSE: Market indices up 0.19 per cent as MPC retains rates - Premium Times NigeriaThe domestic equities market closed update on Tuesday with a growth of 0.19 per cent just as the Monetary Policy Committee (MPC)
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Kaduna market in lockdown over coronavirus [photos] – Daily TrustKaduna market in lockdown over coronavirus [photos] Don Allah a fadawa gwamnati, mumbi umurnin ta domin zama a gida.... Amma we don't hv two days food talk less of a month or so.
Source: Daily Trust - 🏆 13. / 51 Read more »

Traders defy Akeredolu's order on market closure - The Nation NigeriaTraders on Wednesday defied Governor Oluwarotimi Akeredolu orders on closure of markets.They refused to stay back at home.Akeredolu...
Source: TheNationNews - 🏆 6. / 69 Read more »

COVID-19: Traders defy Akeredolu on market closureTraders on Wednesday defied Ondo State Governor Oluwarotimi Akeredolu orders on closure of markets.They refused to stay back at home..
Source: TheNationNews - 🏆 6. / 69 Read more »

Video showing how hand sanitizers are being mixed in Ojota market, Lagos surfaces onlineWe are a quality, national, newspaper with credible and dependable information. Imagine Even in trades fair they are mixing it. Some Nigerians are terrible Mixing up the next batch of Corona 2:0
Source: TheNationNews - 🏆 6. / 69 Read more »

Poor market major hindrance to local wheat production - Lake Chad Institute – Daily TrustChairman of the Governing Board of Lake Chad Research Institute (LCRI), Albert Adewale Omirin, has urged the federal government to address the problem of lack of patronage of locally grown wheat by Nigerian industrialists. He made the call at the year 2020 National Wheat Farmers’ Field Day that took place at Galma Irrigation site, Zaria. …
Source: Daily Trust - 🏆 13. / 51 Read more »