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)...
Foreign investors withdrew N55bn From Stock Market In February, Says NSE
The Nigerian Stock Exchange has said foreign outflows from the stock market increased by 97.8 per cent from N27.81bn in January 2019 to N55.01bn in February.
The NSE, in its latest foreign portfolio investment report,...
In One Month, Stock Market Investors Withdraw N61.67bn
Foreign and domestic investors in the nation’s stock market pulled out a total of N61.67bn in January, the Nigerian Stock Exchange said on Monday.
The NSE said foreign and domestic investors withdrew N39.04bn and N22.63bn respectively from the...
Stock Market’ll Suffer From Poll Delay, Experts Say
The nation’s stock market will react negatively to the postponement of the general elections, financial experts and capital market operators said on Sunday.
The market has been wobbling in recent months as it took a beating from the...
In January, Stock Market Investors Lost N326m
Investors in the nation’s stock market lost a total of N326bn in January as bearish sentiment persisted.
The equities market opened the year on a negative note as investors lost N134.4bn at the close of trading on the first...
Foreign Investors Pullout N642bn From Stock Market
Foreign investors pulled out a total of N642bn from the nation’s stock market last year, compared to the N435.31 withdrawn in 2017, the Nigerian Stock Exchange said in a new report on Thursday.
The NSE said foreign inflows into...
