The local bourse began trading for the week on a negative note, following profit taking activities in NESTLE and ETI and losses in NIGERIAN BREWERIES which saw market capitalization decline by N149.7bn to N11.5tn.
NextLevel
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil Prices Down On US Rising StockOil prices dropped further yesterday extending losses into a second straight session, after widely watched data showed a surprising increase in U.S. stocks. International Brent crude oil future…
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Sell pressure hits stock market as investors lose N78.7bn – Daily TrustSell pressure in the banking stocks – Guaranty (-3.7%), Stanbic (-5.2%) and FBNH(-2.4%) has seen investors lost N78.7billion in value as market capitalisation fell to N11.6trillion yesterday. It also dragged the benchmark index 67 basis points (bps) lower to settle at 30,829.45 points, while the year to date (YTD) return worsened to -1.9%.ADVERTISEMENT Accordingly, activity …
Source: Daily Trust - 🏆 13. / 51 Read more »
Stock Exchange: All-Share Index drops marginally by 0.01 per cent in cautious tradingTrading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
As Nigeria’s Local Portfolio Investors Regain Confidence - THISDAYLIVEBusiness/MONEY Between 2007 and 2010, domestic portfolio investors (retail and institutional) dominated activities in the portfolio investment of the Nigerian Stock Exchange (NSE), but the crash in stock prices after a peak witnessed in 2008, owing to a global financial crisis made them to beat a retreat, relinquishing their dominance to their foreign counterparts. Bamidele …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Banking stocks undermine NSE performance - Vanguard News NigeriaHEAVY losses in the banking stocks undermined the performance of the stock market, leading to loss of 0.31 percent in the All Share Index, ASI, last week.
Source: vanguardngrnews - 🏆 5. / 75 Read more »