NGX Loses N581bn as Sell-Off Hits Day Four
The Nigerian equities market closed Thursday’s session in negative territory, extending its bearish run to the fourth consecutive trading day as profit-taking in heavy and mid-cap equities dragged down key performance indicators.
At the close of trading, the...
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...
