Stock market investors lose N260bn in one week

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Investors lost N260bn as the equities segment of the nation’s stock market fell last week. The Nigerian Stock Exchange All-Share Index and market capitalisation depreciated by 1.

99 per cent to close at 24,336.12 basis points and N12.69tn respectively.

The financial services industry led the activity chart with 618.71 million shares valued at N4.34bn traded in 9,669 deals, thus contributing 64.33 per cent and 47.25 per cent to the total equity turnover volume and value respectively. Trading in the top three equities, namely FBN Holdings Plc, Guaranty Trust Bank Plc and United Bank for Africa Plc , accounted for 275.09 million shares worth N2.818bn in 3,497 deals, contributing 28.60 per cent and 30.69 per cent to the total equity turnover volume and value respectively.

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 ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines