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Equity Market Lose N70bn, Sell-off Persists

Equity Market Lose N70bn, Sell-off Persists     The Nigerian bourse on Tuesday closed lower to reverse the previous day gain as bears regained their grip following the sell-off that have persisted on the equities market. Market breadth closed negative as Total Oil Nigeria le 16 other losers...

Market Cap Drops Below N13trn As Stocks Lose N190bn

Market Cap Drops Below N13trn As Stocks Lose N190bn   The nation’s stock market recorded a loss of N190bn last week as the market capitalisation of equities fell below the N13tn mark. The Nigerian Stock Exchange All-Share Index depreciated by 0.99 per cent to close at 24,826.75...

Equity Market Extends Weekly Downtrend By 3.51%

Equity Market Extends Weekly Downtrend By 3.51%     Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE All-Share Index and market capitalisation both depreciated by 3.51 per cent to close last week at 21,094.62 and...

Market Capitalisation Slumps Below N13trn Mark

Market Capitalisation Slumps Below N13trn Mark     Persistent losses at the local bourse dragged the market capitalisation of equities listed on the Nigerian Stock Exchange below the N13trn mark on Wednesday. Investors counted losses totalling N524bn in seven trading days as the market capitalisation dropped from N13.427tn...

Stock Market Back To Losing Trend, Sheds N27.9bn

Stock Market Back To Losing Trend, Sheds N27.9bn The Nigerian stock market reverted to its bearish trend on Tuesday as it lost N27.9bn following sell-offs witnessed in large cap stocks. The market capitalisation of equities declined from N13.214tn on Monday to N13.186tn on Tuesday as the...

Investors Lose N93bn As Market Cap Drops Below N13trn

Investors Lose N93bn As Market Cap Drops Below N13trn   Investors lost N93bn on Tuesday as the market capitalisation of equities listed on the floor of the Nigerian Stock Exchange dropped below the N13tn mark. The market capitalisation dropped to N12.957tn from N13.050tn on Monday. Similarly, equity investors...