Stock: Dangote Leads Others To Sustain Market’s N85bn Loss
The Nigerian equity market on Tuesday extended negative sentiment with a loss of N85bn as Dangote Cement Plc and Nascon led other losers.
However, the market breadth closed positive, recording 27 gainers against 12 losers.
Consequently, the All-Share...
Stock: Investors Lose As 44 Firms Shed N457bn
The nation’s stock market extended its decline on Thursday as 44 firms recorded price depreciation, causing investors to lose N457bn in value.
Only three firms saw their share prices rise at the end of trading on Thursday.
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Investors Count Losses As Stock Market Sheds N1.8trn
It was a gloomy week for stock investors globally as the Coronavirus fears and slump in crude oil price push markets to their worst weekly performance since 2008 financial crisis. In Nigeria, the risk-off approach by some...
Stock Market Investors Lose N656bn In A Day
Investors suffered a loss of N656bn on Tuesday as the Nigerian equity market saw its biggest daily decline in more than eight years.
The market reacted to the impact of the oil price war between Russia and Saudi...
Investors Lose N329bn As Stock Falls Further
Investors in the nation’s stock market lost N329bn at the end of trading on Monday following the commencement of an oil price war amid rising cases of coronavirus.
Global stocks plunged and prices for crude oil tumbled as much...
Equities Record First Weekly Gain In Three Weeks
Bargain-hunting across banking sector propelled the stock market to its first weekly gain in three weeks, as investors jostle for undervalued stocks in anticipation of good dividend yield for the earning season.
Specifically, the equities market reopened on...