Energy, telco giants’ gains help put stopper on Nigerian stocks’ losing jinx
The index has seen a 5.96 per cent decline January to date.
The index has seen a 5.96 per cent decline January to date.
Stocks sank further in a N71 billion bank-led retreat.
The expectation of banks' half-year earnings drive the all-share index up 0.22 per cent.
The all-share index dropped 0.19 per cent.
Market breadth, an indicator of investor sentiment, was positive, with 20 gainers reported compared to 14 laggards.
Stoking loss, the banking index dipped 0.75 per cent to 359.93 basis points.
The All-share index lifted 0.09 per cent.
A positive market breadth was recorded as there were 18 gainers against eight losers at the end of trade.
The progress extends the uptrend in the market to its third straight day.
Market breadth was positive, with 24 losers emerging, compared to 16 gainers.
Investors’ risk-off disposition to the shares of Flour Mills, Zenith and GTB contributed most to the slide.
Year to date, the index is down by 2.2 per cent.
The benchmark index edged 0.29 per cent higher.
A positive market breadth posted as there were 24 gainers against 17 losers.
First Bank Holdings was the most active stock with 79.603 million units of its stocks worth N574.498 million traded in ...
At the forefront of the advance were blue-chip equities like Zenith, UACN, Dangote Sugar, and Stanbic IBTC.
The benchmark index rose to 38,866.39 points.
The all-share index edged up by 25.80 points to 38,799.83 and market capitalisation to N20.300 trillion.
The market recorded a negative breadth, after 27 losers emerged against 12 gainers.
The all-share index narrowed by 128.39 points.
Investors' exuberance lifted turnover by 119 per cent to N5.854 billion, with GTB alone accounting for N3.553 billion.
The all-share index closed at 38,561.84 points.
The all-share index was down by 234.08 points to 38,697.17 points.
The All Share Index (ASI) tapered by 0.44 per cent to 39,522.06 basis points. Market capitalisation declined to N20.678 trillion ...
Food giant Nestle’s drop followed its underwhelming 2020 financial performance.
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