News Formal

Nigerian stocks slide N122bn on investors’ risk-off mood

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

United States News News

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

The all-share index was down by 234.08 points to 38,697.17 points.

retreated 0.60 per cent on Thursday as investor confidence waned and the size of shares sold outweighed those bought.The industrial goods index was worst affected by the slide, going down 1.70 per cent to 1,923.83 points.The all-share index was down by 234.08 points to 38,697.17 points, while market capitalisation slipped to N20.247 trillion.SMURFIT Feed led gainers, appreciating by 10 per cent to close at N0.22. International Breweries climbed up by 9.89 per cent to N5.

In all, 169.354 million shares valued at N2.120 billion were traded in 3,568 deals, reflecting 54 per cent liquidity drop.

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:

 /  🏆 3. 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.

Nigerian stocks slide after sell-offs in WAPCO, Zenith, MTN sharesFirst Bank Holdings was the most active stock with 79.603 million units of its stocks worth N574.498 million traded in 484 deals.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

NSE: Nigerian stocks down by 0.05% amid bank stocks sell-offThe all-share shrank by 17.90 points to close at 38,704.97.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigerian stocks halt slide on Dangote Cement, Guinness, MTN gainsYear to date, the index is down by 3.85 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

GTB, Dangote Sugar, Zenith lead N45 billion rout as Nigerian stocks slide furtherThe all-share index closed at 38,561.84 points.
Source: PremiumTimesng - 🏆 3. / 78 Read more »