Nigerian stocks contracted 0.34 per cent on Friday, a decline driven by investors showing more willingness to sell shares in Dangote Cement and GTCO than to hold them.to buy back 170 million units of its common stock next week, while GTCO continued on a free fall, which has seen it its long-held status of Nigeria’s biggest lender by market value to Zenith Bank.
Market sentiment, a gauge of investors’ sentiment towards trade, closed on a negative note, given that 17 losers were reported, compared to 14 gainers. Decreasing by 150.07 basis points, the all-share index closed at 44,454.67. Also, market capitalisation finished lower at N24 trillion.Fidson led gainers, growing by 9.65 per cent to close at N7.50. Julius Berger gained 3.64 per cent to close at N22.80. Sterling Bank rose by 3.29 per cent to N1.57. UPDC leapt to N1.18, notching up 2.61 per cent in the process. Regal Insurance completed the top 5, climbing up by 2.22 per cent to N0.46.Sunu Assurance led losers, declining by 8.81 per cent to N0.
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:
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.
Dangote Cement To Repurchase 170m Shares In Buyback ProgrammeDangote Cement Plc has commenced the second tranche of the shares buyback programme as the management proposed to repurchase 170.003 million shares from Dangote Cement Plc has commenced the second tranche of the shares buyback programme as the management proposed to repurchase 170.003 million shares from shareholders. He has a way of showing confidence in himself. That's Greediness
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Ade Adeboye, Jackson Ukuevo lead Ronchess Global Resources board and management | TheCableFollowing a successful listing on the Nigerian Exchange ( NGX – formerly the Nigerian Stock Exchange), Ronchess Global Resources Plc (RONCHESS) notified the Nigerian Exchange on January 12, 2022, on
Source: thecableng - 🏆 2. / 80 Read more »
Tinubu’ll Sell Nigeria To Himself Like He Sold Lagos State –Activist, Adeyanju | Sahara ReportersTinubu’ll Sell Nigeria To Himself Like He Sold Lagos State –Activist, AdeyanjuDeji | Sahara Reporters adeyanjudeji He will o, 2023 will be Igbo presidency or nothing adeyanjudeji True, reason why he can NEVER smell there. adeyanjudeji dream fun motion
Source: SaharaReporters - 🏆 9. / 63 Read more »
I wish Dangote was my father, says Tiwa SavageAward-Winning Singer, Tiwa Savage has wished that Aliko Dangote, the richest man on the African continent, was her father AlikoDangote TiwaSavage I wish too 😀😀 AlikoDangote TiwaSavage Am proud to be the son of my father. AlikoDangote TiwaSavage Low ambition, you can be what you want.
Source: Daily Trust - 🏆 13. / 51 Read more »
CBN fails to curb inflation, halt naira slide, says report - Punch NewspapersThe most widely read newspaper in Nigeria We don tire for anything way concern naija Our country na cruise And them dey shout say Yahoo boys dey plenty day by day Those educated mad men were supposed to look for how to make Naira rise 😒 instead them dey there dey send EFCC and NDLEA after youths 😏😏 I shake my head for Naija🚶🚶🚶 And no one is resigning, and no one is ashamed.
Source: MobilePunch - 🏆 8. / 63 Read more »
Mo Abudu Addresses Critics Of Her New Movie, Chief Daddy 2Nigerian Filmmaker, Mo Abudu, has addressed the negative reviews of her latest movie, Daddy 2. Make she refund our money 🤑🤑🤑 Dm me to get your blue check done ✅
Source: Daily Trust - 🏆 13. / 51 Read more »