News Formal

Airtel, 25 others drag stocks down, investors lose N340bn - Punch Newspapers

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

United States News News

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

The most widely read newspaper in Nigeria

The Nigerian stock market reversed all of last week’s gains on Tuesday as Airtel Africa Plc and 25 other companies recorded losses.

The NGX All-Share Index fell by 1.66 per cent to 38,507.29 basis points from 39,156.28bps while the market capitalisation dropped to N20.07tn from N20.41tn. The ASI and market capitalisation had last week appreciated by 1.11 per cent. Learn Africa Plc lost eight per cent to close at N0.92 per share while Livestock Feeds Plc dropped by 4.74 per cent to N1.81 per share.

 

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

These investors should quickly run to MTN.

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

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.

Investors gain N230bn as stock market rises further - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

DFIs, multilateral partners plan $80bn investment in Nigeria, others - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »