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#EndSARS: Nigeria stock market bows to social unrest, loses N113bn

The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure. Specifically, the market capitalisation shed N113 billion or 0.75 per cent to close at N14.870 trillion against N14.983 trillion recorded on Tuesday. Also, the All-Share Index dipped 216.33 points or 0.75 per Read More…

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Nigeria stock market drops further by N68bn

The bears maintained dominance on the Nigerian Stock Exchange on Friday with the market capitalisation declining further by N68 billion. Specifically, the market capitalisation dropped N68 billion or 0.46 per cent to close at N14.852 against N14.920 trillion. Also, All-Share Index which opened at 28,546.22 lost 130.91 points or 0.46 per cent to close at Read More…

Joe Penney/Reuters
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NSE halts bullish trend, indices down 0.95%

The Nigerian Stock Exchange market indices on Wednesday dropped by 0.95 per cent after 12 consecutive days of bullish trading. The drop followed profit taking in blue chips. Speficially, the All-Share Index dipped 275.02 points or 0.95 per cent to close at 28,634.35 compared with 28,909.37 recorded on Tuesday. Also, the market capitalisation lost N144 Read More…

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NSE moves 174.68m shares worth N2.01bn in bearish trading

Investors on the Nigerian Stock Exchange (NSE) on Friday traded 174.68 million shares valued at N2.01 billion in 3,695 deals. This was in contrast with a turnover of 171.21 million shares worth N2.21 billion exchanged in 3315 deals on Thursday. A breakdown of the activity chart indicates that Mutual Benefits Insurance was the toast of Read More…