The Nigerian stock market opened for the week on Monday with a loss of N40 billion, halting five consecutive days positive run. Speficially, the market capitalisation which opened at N21.530 trillion shed N40 billion to close at N21.490 trillion. Also, the All Share Index which opened at 41,176.14 lost 93.76 points or 0.23 per cent Read More…
Tag: bears
NSE drops N393bn on renewed profit taking
The nation’s bourse recorded its first loss in the year on Tuesday, dropping by N393 billion due to renewed profit taking on blue chips. Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close at N21.122 trillion from N21.515 trillion recorded on Monday. Similarly, the All-Share Index lost 751.25 points or 1.83 Read More…
Profit taking persists as NSE All-Share Index dips further by 0.89%
Trading on the nation’s bourse maintained a downward trend for the fifth consecutive trading days with the All-Share Index declining by 0.89 per cent. The index lost 306.52 points or 0.89 per cent to close at 34,250.74 from 34,557.26 posted on Thursday. Similarly, the market capitalisation of listed equities dipped N171 billion to N17.901 trillion Read More…
Profit taking persists on NSE as market capitalisation loses N232bn
The Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion. Specifically, the market capitalisation which opened at N18.304 trillion dipped N232 billion to close at N18.072 trillion. Also, the All-Share Index lost 464.00 points or 1.32 per cent to close at 34,557.26 Read More…
Bears persist on NSE as market capitalisation loses N6bn
The losing streak of the Nigerian Stock Exchange (NSE) extended on Wednesday with the market capitalisation dropping further by N6 billion. Specifically, the market capitalisation which opened at N18.310 trillion lost N6 billion to close at N18.304 trillion. Also, the All-Share Index dipped 12.48 points or 0.04 per cent to close at 35,021.26 compared with Read More…