Investors lose N162 billion amidst buying pressure from ZENITH, GTBANK
Nigerian bourse continued its bearish trend, taking no rest from previous week losses as the ASI dipped further by 1.27% ...
News and stories about Nigerian stock market
Nigerian bourse continued its bearish trend, taking no rest from previous week losses as the ASI dipped further by 1.27% ...
Trading in the top three equities accounted for 275.099 million shares worth N2.818 billion in 3,497 deals.
All indexes closed in the negative terrain with the exception of the Banking Index.
Nigerian stocks are down 8.8% for the year worse than 5.86% in May.
Market breadth closed negative as CADBURY led 12 Gainers as against 22 Losers topped by NEIMETH.
Across sectors, three of the five indexes under our coverage closed in the red.
Nigerian bourse finished the week on a positive note as blue chip stocks AIRTEL, NESTLE, NB brought the bulls back in.
Market sentiment, as measured by market breadth, was positive, as 9 stocks gained, relative to 8 decliners.Crude oil printed lower
The market continued its bearish trend as major blue-chip stocks like DANGCEM witnessed sell-offs.
Market Capitalization closed at N13.00 trillion, down by 0.16% from the previous close of N13.027 trillion.