Eid-el-Fitri: NSE market indices down by 0.45 per cent

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The market capitalisation shed N62 billion to close at N13.622 trillion compared with N13.684 trillion achieved on Friday.

The Nigerian equities market maintained a bearish outing on Monday, having opened for the week with a loss of 0.45 per cent.

Specifically, the All Share Index shed 141.08 points, representing a dip of 0.45 per cent to close at 30,928.29 against 31,069.37 on Friday. Analysts at Afrinvest Limited said that “In line with our expectation, we experienced some sell-offs in yesterday’s trading session. Sterling Bank and Jaiz Bank appreciated by 4.35 per cent each to close at N2.40 and 48k, per share respectively.

Oando following its battle with the Securities and Exchange Commission declined by 9.52 per cent to close at N3.80, while Vitafoam was down by 9.41 per cent, to close at N3.85, per share.

 

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This is very good our economy will be stable in the nearest future by Almighty God grace

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Eid-El-Fitri: NSE Market Indices Down By 0.45%The Nigerian equities market maintained a bearish outing on Monday, having opened for the week with a loss of 0.45 per cent. The News Agency of Nigeria (NAN) reports that the bearish trend was on the back of losses witnessed in highly capitalised equities. NAN reports that the Nigerian Stock Exchange (NSE) will close for […]
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