Nigerian stocks sink further as big bank shares lead retreat

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 78%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Big bank stocks including GTCO, FBN Holdings, Access and Zenith as well as MTNN set the decline in motion.

Nigerian stocks’ bearish run continued on Friday as the benchmark index dipped 0.19 per cent, which means equities have now fallen by 2.6 per cent week-on-week.

Market breadth, which weighs the level of investors sentiment towards trade, was negative as 18 laggards emerged against 13 risers. Champion fell to N2.40, losing 5.88 per cent. Courtville slumped to N0.37, recording 5.13 per cent slip. Chams closed at N0.21, going down by 4.55 per cent.In all, 181 million shares valued at N2.4 billion were traded in 4,019 transactions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria get stock market?😂😂🤣🤣🤣 make una no dey wyn me o🤣🤣

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Man United vs Arsenal: You're being smashed by big teams - Thierry Henry warns Arteta's GunnersArsenal.legend, Thierry Henry has issued a stern warning to his former club ahead of their trip to Manchester United on Thursday, saying they must start
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Nigerian stocks deepen loss after profit-taking in sector giantsThe all-share index eased 0.51 per cent.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

MTN leads losers as stocks shed N409.56bn - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

Stock Investors Gain N629bn In November On Impressive Results, Higher Oil PricesInvestors’ investment on the Nigerian stock market rose by N629 billion in November 2021, following impressive nine months results of listed entities and
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Unity Bank launches Yanga Account in South-West, targets 5 million women-owned businessesNigerian retail lender, Unity Bank Plc is set to engage no fewer than 5 million Micro, Small and Medium Enterprises (MSMEs) being operated by women in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »