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STOCK MARKET
News and stories about stock market
The All-Share Index increased by +0.02% to close at 38,220.01 from 38,212.01.
33 stocks appreciated in price during the week, lower than 38 stocks recorded in the previous week.
The bears returned to the Nigerian equities market during the week ended Friday, 18th June 2021 after two consecutive weeks of gains.
Investors in Nigerian stocks gained about N224 billion during the week as the total equities market capitalization increased from N20.185 trillion to N20.409 trillion.
Market sentiments trend bearish as 22 losers outweighed 16 gainers.
The market breadth closed negative as CILEASING led 17 Gainers, while 12 Loses were topped by LASACO.
Concerns over quicker inflation and Covid-19 flare-ups in some countries caused Asian equities to fall along with U.S. and European share futures on Wednesday.
The Net Asset Value of the listed Nigerian Mutual Funds dipped by 4.01% in Q1 2021
Access Bank topped its spending on digitalization to enable it compete.
The All-Share Index increased by +0.17% to close at 38,866.39 from 38,799.83 index points.
At the end of the trading session, the NSE Banking Index posted a loss of -1.95%; the market saw 2 gains, 2 stalemates, and 6 losses.
The Nigerian Stock Market ended the first quarter of the year in deep red as the All-Share index fell to a loss of 3.04%.