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...
Investors Lose N208bn As Stock Market Declines Further
The equities market on Monday extended downward trend to seven consecutive trading days as investors continued to sell-down amidst the fear of coronavirus pandemic.
Consequently, the market breadth closed negative, recording nine gainers against 28 losers.
The All-Share Index...
Stock Market Drop By 4.28%, Highest In 47 Weeks
Nigerian stocks suffered the highest weekly loss since April 2019 as sell pressure dominated market activities on increasing regulatory pressures and the first case of the Coronavirus confirmed in the country last week.
Trading activities on the...
Stock Market Extends Downtrend, Records N31bn Loss
Transactions in the Nigerian equity market on Wednesday closed negative, as losing streak extended to four consecutive trading days, following sell-off on some high-valued stocks.
Consequently, the market breadth closed negative, recording 11 gainers against 16 losers.
Meanwhile, the All-Share...
