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NEM INSURANCE - NEWS
The Nigeria Stock Market continues to experience global financial downturn, caused by the panic that COVID 19 brought to investors.
Stock market Investors lost N305.99 billion on Friday, being the fifth consecutive loss recorded this week.
The Nigerian stock market dipped by N52.1billion, as the market capitalisation of equities dropped from N14.70 trillion on monday to N14.65 trillion as at close of trading on Tuesday.
Stocks of GTBank, MTN Nigeria, UBA, Zenith Bank and Unilever Nigeria were most actively traded on the floor of the stock market on Thursday.
LASACO Assurance, AIICO Insurance, Flour Mill, Oando and Sterling Bank were the best-performing stocks on Wednesday as they recorded positive growth.
Stanbic IBTC Bank, Zenith Bank, UBA, Fidelity Bank and GTBank led the actively traded stocks on the floor of the stock market on Tuesday.
The stock market rounded off the week bullish with the all-share index growing by 0.94% to close at 29,628.84 index points.
GTBank, Transcorp, NAHCO, Chams and Zenith Bank attracted the highest trade of shares on Friday.
The stock market traded bearishly on Tuesday for the first time this year, having dipped 1.18% of the All-Share index,
The Bulls were dominant on the floor of the stock market today as the market indicator grew by 0.73% to close at 26,609.34 index points.
Japaul Oil Plc, May & Baker Nigeria plc, NEM insurance and two others led the gainers on Wednesday....
Shareholders of Regency Assurance Plc, Sovereign Trust Insurance Plc, Neimeth Pharmaceutical Plc, Jaiz Bank and Lasaco Assurance Plc...