Nigerian stocks halt three-day bull run as investors take profit
Traders’ risk-off disposition to bellwether stocks like MTN Nigeria, GTB, and Nigerian Breweries triggered the slide.
, Sovereign Trust and Lasaco shares for sale.Nevertheless, the market reported a positive breadth as 25 gainers emerged relative to 16 losers.The all-share index shrank by 53.82 basis points to 39,156.28. Similarly, market capitalisation declined to N20.409 trillion.
Year to date, the index is down by 2.77 per cent.TOP FIVE GAINERSCutix topped gainers, trading up 9.88 per cent to close at N2.78. Jaiz Bank gained 9.26 per cent to close at N0.59. Champion Breweries rose by 6.98 per cent to N0.46. Mansard jumped to N0.88, notching up 4.76 per cent. NNFM completed the top 5, climbing up by 4.24 per cent to N6.15.
TOP FIVE LOSERSNEM topped the losers’ table, declining by 10 per cent to close at N1.80. Champion shrank by 10 per cent to end trade at N1.80. Royal Exchange tumbled to N0.68, losing 9.33 per cent. FTN Cocoa dipped to N0.33, recording 8.33 per cent loss. Learn Africa closed at N1, going down by 8.26 per cent. headtopics.comRead more: Premium Times »
Boko Haram Confirms Shekau's Death, Denounces ISWAP
Terrorists loyal to Abubakar Shekau's Jama’atu Ahlussunnah Lidda’awati Wal Jihad (JAS), otherwise known as Boko Haram, yesterday confirmed his death.
Investors’ appetite for bank shares drive Nigerian stocks higherThe progress extends the uptrend in the market to its third straight day. insecurity and bad road networks still discourages them.
Telecoms Workers to Commence Three-day Warning StrikeSunday Ehigiator The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN), has planned a three-day warning strike to protest what it described as the “Precar… I can see they want to switch off the internet in Nigeria, God is watching. What do they mean by Telecom workers? They will switch off or slow the networks so there will be poor communication during their atrocities.
Buhari: Nigerian Youths Should Behave Themselves if They Want Investors to ComeUdora Orizu in Abuja President Muhammadu Buhari has said that the youths should behave themselves and act accordingly if they want foreigners to invest in the country. Buhari stated this while resp… That’s why we are leaving the country 🏃🏿♂️🏃🏿♂️ I regretted the day I voted for you to become no Nigeria president Is this our president, this man is a monkey king
Stanbic IBTC Stockbrokers Trains Investors On Stock InvestmentStanbic IBTC stockbrokers, a subsidiary of Stanbic IBTC Holdings Plc, said it trained prospective investors on the importance of stock investment. In a
How I Was Kidnapped, Drugged And Raped In Ghana For Two Days— Nigerian Lesbian | Sahara ReportersIn a video on her Instagram page, Ellios said she was lured by her best friend of three years into the trap where she was drugged and ganged-raped by the men, including the best friend. Poor girl. I can’t imagine the traumatic experience of being raped, especially by homophobes. 🍆🥒 I'm happy cucumber tasted you 🙄🙄🙄
Presidency presents documentary to mark 2021 Democracy DayThe documentary will run on major Nigerian TV networks between Saturday, June 12 and Sunday, June 13.