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Investors Suffer N154bn Market Loss Amid Sell Pressure

Investors Suffer N154bn Market Loss Amid Sell Pressure   Nigerian equities suffered a major contraction last week as sustained decline in share prices shaved off N154 billion from the market capitalisation. With more than two decliners to every gainer, the stock market traded mostly on the...

Investors Lose N27.6bn As Sell Pressure Dominates Market

Investors Lose N27.6bn As Sell Pressure Dominates Market   Sell pressure in the equities market dominated at the start of the week as investors counted losses totalling N27.6bn at the end of trading on the floor of the Nigerian Stock Exchange on Monday. The market capitalisation of...

Investors Lose N78.7bn As Sell Pressure Hits Stock Market

Investors Lose N78.7bn As Sell Pressure Hits Stock Market   Sell 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)...

Investors Lose 14% As Sell Pressure Persists

Investors Lose 14% As Sell Pressure Persists Intense political activities across the country in the third quarter have sustained hold on the nation’s equity market, as speculative trading pressure investors, leading to massive selloff in flight for safety of investments. The development worsened by continuous negative...