Nigerian stocks lose N238 billion as investors take profit ahead of new year
Year to date, the index is up by 3.82 per cent.
Year to date, the index is up by 3.82 per cent.
Friday’s trade plunged by almost half, but gains by Union Bank, which Thursday was acquired by little-known Titan Trust Bank, ...
MTNN, Nigeria’s biggest public company by revenue, together with FBN Holdings and Zenith steered the fall.
A total of 142.2 million shares worth N2.5 billion were traded in 3,749 deals.
Market breadth, which measures investor sentiment towards trade, was positive as 21 advancers reported against 19 losers.
The index has seen a 5.18 per cent gain January to date.
Driving the gain were Seplat, FBN Holdings, NGX Group, ETI, Zenith and GTCO.
Market breadth, a determiner of investor’s sentiment towards trade, was positive as 22 gainers emerged relative to 15 laggards.
The index has seen a 4.34 per cent gain January to date.
The all-share index eased 0.51 per cent.
MTN Nigeria triggered the loss, shedding as much as 10 per cent, the maximum daily decline allowed by the exchange.
Zenith led the slide supported by GTCO, and Union Bank.
Nigerian Breweries, Seplat and GTCO, helped set the slide in motion.
The all-share index rose 0.52 per cent.
MTN and Airtel on Friday announced receipt of a tentative nod of banking sector watchdog the Central Bank of Nigeria ...
The benchmark index is only steps away from the highest point ever reached this year
The all-share index dropped 31.62 basis points to 41,943.83, while market capitalisation eased to N20.9 trillion.
Central to Friday’s performance was Ecobank Transnational Incorporated and FBN Holdings.
The all-share index jumped 454.40 points to 41,704.11, while market capitalisation rose to N21.8 trillion at the end of trade.
The consumer goods index was the worst hit of the five sector indexes tracked by the bourse as it tapered ...
The advance was triggered by a huge demand for the shares of FBN Holdings, Champion Breweries, Seplat and Fidelity Bank.
FBH Holdings, ETI, Champion Breweries and Access drove the rally, which was partly supported by an almost threefold leap in ...
The index is up 1.48 per cent so far this year.
Also helping gains at individual stock level were palm fruit processors Presco and Okomu Oil.
FBN Holdings, ETI, Fidelity Bank and Zenith contributed most to the advance, even though trade volume dropped by seven per ...
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