Stock market falls further, investors lose N38bn

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States News News

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

Trading activities on the floor of the Nigerian Stock Exchange closed on a negative note on Wednesday to sustain negative sentiment following losses recorded by some blue-chip firms.

The All-Share Index dropped by 72.41 basis points or 0.28 per cent to close at 25,424.91 as against 25.497.32 the previous day while the market capitalisation of equities depreciated by N38bn to close at N13.26tn from N13.30tn.

The premium subsector was the most active during the day , with 130.03 million shares traded by investors in 1,725 deals. The banking subsector was boosted by activities in the shares of Wema Bank Plc and Guaranty Trust Bank Plc, with a turnover of 49.93 million shares traded in 733 deals. PZ Cussons Plc followed with a gain of 6.25 per cent to close at N4.25 per share while Custodian Investment Plc gained 3.13 per cent to close at N4.95 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:

 /  🏆 8. 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.

Stock market dips by N44bn over profit-takingSell-offs persisted on the floor of the Nigerian Stock Exchange (NSE) as the All-Share Index slipped 33bps to settle at 25,497.32 points following sell-pressure
Source: Daily Trust - 🏆 13. / 51 Read more »

Naira loses against dollar at the parallel market - The NationBarely 24 hours after the Central Bank of Nigeria (CBN) resumed dollar sales at the Bureau De Change (BDC) sector, the..
Source: TheNationNews - 🏆 6. / 69 Read more »

Stock market dips by N44bn over profit-takingSell-offs persisted on the floor of the Nigerian Stock Exchange (NSE) as the All-Share Index slipped 33bps to settle at 25,497.32 points following sell-pressure
Source: Daily Trust - 🏆 13. / 51 Read more »