The Nigerian stock market yesterday lost N12 billion on sustained profit taking activity in 18 equities.
The market negative performance was driven by price depreciation in large and medium capitalised stocks which are; Stanbic IBTC Holdings, Eterna, Honeywell Flour Mills, FBN Holdings and United Capital. However, the market breadth closed positive, recording 23 gainers as against18 losers. LivingTrust Mortgage Bank recorded the highest price gain of 10 per cent to close at 88 kobo, per share. Chams Plc followed with a gain 9.52 per cent to close at 23 kobo, while AIICO Insurance went up by 9.26 per cent to close at 59 kobo, 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:
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.
Capital Market Key For Infrastructure Devt Of FG, States – NGXThe Nigerian Exchange (NGX) Limited has urged the federal,State governments and the private sector to embrace capital market for long-term funds to The Nigerian Exchange (NGX) Limited has urged the federal,State governments and the private sector to embrace capital market for long-term funds to address the country’s infrastructure deficit.
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Relief Market women accuse Uzodinma's aide of assaultTraders, mostly women, at the Relief Market Owerri Fruit Section I on Wednesday accused the Interim Management Committee, IMC, Chairman of Owerri Hope_Uzodimma1 this fulani slave parading himself as supreme court governor is currently commiting genocide on Imo state people
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Large-cap stocks trigger N35bn market gain - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »
BREAKING: Pandemonium As Fire Guts Nyanya Market In Abuja | Sahara ReportersThe incident caused pandemonium in the market as traders and passers-by scampered for safety. Nigeria is on fire from all angles Ike gwuru mehn. Nsogbu di
Source: SaharaReporters - 🏆 9. / 63 Read more »
Naira gains at official marketThe currency stayed almost unchanged at the black market.
Source: PremiumTimesng - 🏆 3. / 78 Read more »