Equity Market Investors Lose As Sell-offs Continue Midweek trading on the Nigerian Exchange saw sell-offs continued, resulting in a N720bn loss to investors. This is also the third day of consecutive bearish trading on the exchange, which has resulted in a combined loss of N1.54tn. Wednesday’s bearish...

Sell-offs In Banking Stocks Drive Market N197bn Lower   Banking stocks listed on the Nigerian Stock Exchange led the decrease in market capitalisation by N197bn in one day, following sell-offs witnessed on Monday. The market capitalisation of equities listed on the NSE dropped from N12.804tn, which the...

Investors Resume Sell-offs As Market Loses N68.2bn   Investors in the nation’s stock market have resumed sell-offs as the market reverted to its losing trend, shedding N68.2bn in one day. Major sell-offs were witnessed in MTN Nigeria Communications Plc, Guaranty Trust Bank Plc and Lafarge Africa Plc,...

Market Loses N138bn To Sell-offs In MTN, Others   Trading on the floor of the Nigerian Stock Exchange (NSE) sustained the previous day’s bearish outing as sell-offs in STANBIC (-8.3%), GUARANTY (-2.4%) and MTNN (-0.7%) saw the market shed N138 billion from market capitalization to close...

As Sell-offs Persist, Stock Market Investors Lose N89bn The nation’s stock market continued its downward trend as investors recorded more losses at the end of trading on the floor of the Nigerian Stock Exchange on Monday. The market capitalisation of equities listed on the NSE dropped...

Incessant Sell-offs Drag Market Index 1.18% Lower   Persistent sell-offs witnessed in the nation’s stock market last week dragged the All-Share Index lower by 1.18 per cent. The market capitalisation dropped from N11.676tn recorded on Thursday to N11.565tn on Friday, while the ASI shed 305.9 basis points...