Equities market has traded sideways since then as concerns around FX liquidity continued to dampen investors’ appetite.
SEPLAT led the gainer’s chart today, while ETERNA was the top loser.
A total turnover of 1.534 billion shares worth N11.267 billion in 18,928 deals was traded last week ending 3rd April 2020 by investors
Warren Buffett bought $5 billion investment in the Bank of America which expanded to $12 billion in 2017, gaining a whopping $7 billion.
The Nigerian equity market, indicators of the Nigerian Stock Exchange, on Friday gained by 0.17%, after four days of consecutive sell pressure.
The stocks performances revealed that all banking stocks recorded a dip in their stock prices.
The Nigerian equities market has rallied strongly, with blue chips outperforming, and the all-share index up by 9.2% since the CBN's OMO ban.
Investors in the Nigerian equities market lost N152.1 billion at the end of last week.
The generally bearish nature of the Nigerian equities market is forcing Nigerian stockbrokers to shift focus.
Following close of yesterday’s trading session, the Nigerian equities market traded at a P/E ratio of 6.88x.
