Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result

Stock Market tumbles as bears regain control

Editor by Editor
September 3, 2014
in Uncategorized
Share on FacebookShare on TwitterShare on Linkedin

After staging a comeback last Friday, the bulls were unable to sustain their grip yesterday as the bears took control, sending major market indicators southward.

At the close of trading yesterday, the Nigerian Stock Exchange (NSE) All Share Index or ASR depreciated by 0.32 per cent or 134.28 points to close at 41,398.05 points from 41,532.31 points attained last Friday.

In the same vein, the market capitalisation of listed equities decreased to N13.66 trillion from N13.65 trillion the previous trading day.

RelatedPosts

Buhari approves reappointment of Patience Oniha as DG of Debt Management Office

Bullish Nigerian Exchange gains N5.64 trillion in HY’2022

Similarly, trading activities on the stock exchange decreased by 38 per cent as investors bought 222.43 million shares worth N2.27 billion executed in 4,455 deals, compared to 355.92 million shares worth N6.13 billon, in 4,587 deals exchanged last Friday.

Access Plc, EternaPlc and Diamond Bank Plc were the most actively traded stocks on the exchange yesterday in terms of volume, while Access Bank Plc and Dangote Cement Plc, topped in terms of value.

The banking sector of the financial service sector remained the most active in terms of the volume of shares traded. It led the equities sector with a turnover of 98.80million shares valued at N907.4 million made in 1,543 deals.

The volume of shares sold in the banking sector was largely driven by the activity in the shares of Access Bank Plc, Diamond Bank Plc, Sterling Bank Plc and Zenith Bank Plc. Trading on the shares of the four banks accounted for 75.8 million shares or 76.7 per cent of the subsectors’ turnover.

A total number of 25 stocks gained on the bourse yesterday while 30 stocks declined leaving 57 stocks unchanged. TranscorpPlc emerged the toast of investors as it appreciated by 5.41 per cent to close at N6.43, followed by Custodian & Allied Plc with a 2.04 per cent gain to close at N4.00. Others on the gainers chart include; CCNN Plc, NahcoPlc and FBN Holdings Plc.

UBA Plc topped the losers chart with a 3.95 per cent decline to close at N7.30, followed by WapicPlc which declined by 3.80 per cent to close at 76 kobo. Others on the losers table include; Guinness Nigeria Plc, OandoPlc and Livestock Feeds Plc.

 

[This Day]

 

Related

Tags: News Review

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Buhari approves reappointment of Patience Oniha as DG of Debt Management Office
    • Bullish Nigerian Exchange gains N5.64 trillion in HY’2022
    • MTN Nigeria appoints Onyinye Ikenna-Emeka as General Manager, Fixed Broadband

    Follow us on social media:

    Recent News

    Buhari approves reappointment of Patience Oniha as DG of Debt Management Office

    Buhari approves reappointment of Patience Oniha as DG of Debt Management Office

    June 30, 2022
    Bulls stage a comeback at Nigerian stock market

    Bullish Nigerian Exchange gains N5.64 trillion in HY’2022

    June 30, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com