Since January's gains, recent outlook of the Nigerian stock market has not been particularly impressive.
Today’s market performance was mostly driven by a significant dip in bellwether STANBIC by -10.00%.
The most traded stocks by volume were GUARANTY (46.15 million units), FBNH (35.34 million units), and DANGSUGAR (26.81 million units).
31-year-old CEO and founder of Bumble, Wolfe Herd, is presently the world’s youngest self-made female billionaire.
Nigeria’s relatively young population has made it a force to be reckoned with in the crypto community.
Year-to-date return and market capitalization improved by the same margin to settle at 1.90% and N21.45 trillion, respectively.
The market breadth at the Nigerian Stock market ended negative as NIGERINS led 13 Gainers as against 35 Losers topped by FIDSON.
The market breadth closed negative as MAYBAKER led 21 Gainers as against 24 Losers topped by NNFM at the end of today's session.
PayPal had an addition of 16 million in net new active accounts and processed $277 billion in total payment volume.
The All Share Index dropped by negative 0.10% to close at 42,000.01 index points as against 0.74% plunge recorded on Wednesday.