Nigerian equities entered the fourth day of a slide on Friday, dropping by 0.06 per cent as week-to-date loss topped N130 billion and investors continued to cast their glances in the way of improving yields in fixed income securities.
Investors in the hunt for greater returns on investment are increasingly selling off stocks and ploughing the proceeds in bonds and treasury bills at a time majority of companies’ earnings reports for 2020 are yet to be issued.
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:
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 Weekly: Stock market slips by N245bn as fixed-income yields lure investors awayAll the key market performance indicators declined.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Analysts Anticipate Soft Equities Market Trading This WeekBY OLUSHOLA BELLO, Lagos With the continued recovery of yields in the fixed income (FI) market, analysts on the Nigerian capital market anticipated a soft
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Nigerian stock market extends loss by 0.40% | The NationThe nation’s bourse extended negative trend for the third consecutive trading session following sell pressure on Nigerian Breweries, Dangot...
Source: TheNationNews - 🏆 6. / 69 Read more »
Nigerian stocks extend loss as profit-taking in big-cap banks weighsThe benchmark index fell by 0.57 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Nigerian stocks deepen loss by N193 billion amid sell pressure on bank stocksProfit-taking in the shares of Zenith, GTB and Stanbic accounted most for the decline.
Source: PremiumTimesng - 🏆 3. / 78 Read more »