28 Firms Lose As Stock Market Declines Further The nation’s stock market declined further on Tuesday as bearish sentiments persisted, making investors lose N4.8bn. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N10.954tn on Monday to N10.948tn on Tuesday while the year-to-date loss stood at -7.3 per cent. On Tuesday, […]
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Sterling Bank Plc hits the top traded again
The Nigerian Stock Exchange ended Thursday’s trading session this week, in negative territory. The All Share Index closed at 29.553.12 basis points, down 0.39%. Year to date, the index is down 5.97%. Top Gainers and Losers Chams Plc was the best performing stock today. The stock gained 10% to close at N0.22. Forte Oil Plc […]
Bears maintain hold on stocks as NSE ASI dips 0.39%
The bearish performance at the equities market continued into the fourth consecutive trading session, Thursday. The negative performance for the day were specifically spurred by losses in Dangote Cement which fell 0.5 percent, Eco Transnational Incorporated (ETI) which declined 3.3 percent and Access Bank which depreciated by 4.3 percent. As a result, the benchmark index […]
Nigerian stocks down 1.5% as investors book profit in bellwethers
Investors at Nigeria’s equities market embarked on profit-taking in bellwethers Wednesday, dragging the benchmark index, the NSEASI 1.5 percent lower to close at 34,414.37 points. The investors booked profit in DANGCEM (-3.0%), ZENITH (+2.3%), GUARANTY (+1.5%) and SEPLAT (-7.3%) worsening the year-to-date losses to -10.0 percent while market capitalization decreased by N190.5 billion to N12.6 […]