News Formal

Stock market reverses gains as index plunges by 0.06 per cent | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 94%

South Africa News News

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

Transactions on the Nigerian Exchange (NGX) closed on a downturn yesterday, occasioned by sell pressure in most blue-chip stocks, causing the All-Share Index (ASI) to decline by 0.06 per cent.

Specifically, market capitalisation of listed equities decreased by N12 billion to N20.022 trillion from N20.034 trillion recorded on Monday. The ASI also depreciated by 23.51 points or 0.06 per cent to 38414.37 points from 38437.88.

Afrinvest Limited said: “In the next trading session, we expect market performance to remain tepid, due to absence of positive drivers.” Honey Well Flour Mills down by 6.61 per cent to close at N1.13 kobo while Chams Plc dipped by 4.76 per cent to close at N0.20 kobo.

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:

 /  🏆 1. 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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Six injured as dynamite explodes in Rivers market | The Guardian Nigeria News - Nigeria and World NewsNo fewer than six persons sustained various degrees of injury in an explosion at Mile Three Motor Park in Port Harcourt City Local Government Area of Rivers State.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

MRS, Vitafoam, others lead stock market’s N94 billion gain | The Guardian Nigeria News - Nigeria and World NewsPrice gains by most blue-chip stocks, especially MRS and Vitafoam, aided a rebound on the Nigerian Exchange Limited (NGX) as market reopened in an upbeat yesterday, causing market capitalisation to rise by N94 billion.
Source: GuardianNigeria - 🏆 1. / 94 Read more »