Precisely, the All-Share Index decreased by 95.91 absolute points, representing a dip of 0.38 per cent to close at 25,312.05 points. Similarly, the overall market capitalisation shed N50billion to close at N13.204trillion.
Also, market breadth closed slightly negative, recording 16 gainers against 17 losers. UACN Property Development Company recorded the highest price gain of 10 per cent to close at 88 kobo per share. On the other hand, Cutix led the losers’ chart by 9.63 per cent to close at N1.69 per share. Lasaco Assurance followed with 7.41 per cent to close at 25 kobo, and Custodian Investment shed 7.14 per cent to close at N5.85, per share.
Zenith Bank followed with 25.211 million shares worth N427.739million, while FCMB Groups traded 22.072 million shares valued at N38.225million.
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.
Nigeria bourse succumbs to profit taking, loses N50bnThe All-Share Index dipped 95.91 points, representing a dip of 0.38 per cent to close at 25,312.05 compared with 25,407.96 posted on Wednesday.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Nigeria bourse succumbs to profit taking, loses N50bnThe All-Share Index dipped 95.91 points, representing a dip of 0.38 per cent to close at 25,312.05 compared with 25,407.96 posted on Wednesday.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Oil prices fall on Thursday over doubts on output cuts“The market has taken a look at that and said it’s getting more complicated to get that deal over the line,’’ said Lachlan Shaw, head of commodity research at National Australia Bank.
Source: Daily Trust - 🏆 13. / 51 Read more »
Pope says racism 'intolerable', in reaction to Floyd killingPope Francis said on Wednesday 'we cannot tolerate or turn a blind eye to racism', in reaction to the killing of a black man by US police that has sparked nationwide protests. The kingdom of god sufereth violence.... Nonsense coming from the king of Racism himself!
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Lagos Govt to reverse Land Use Charge – CommissionerThe Lagos State Government said it will soon release a reform that will include the reversal of the Land Use Charge (LUC) to the pre-2018 rate. The Commissioner for Finance, Dr. Rabiu Oluwo made this known on Wednesday, during the 2020 Ministerial Press Briefing in Lagos to mark the first year in office of Gov.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Foreign reserves gained $2.7bn in one month –CBN|p style= Liessssss personified. So why are we borrowing? And Naira is still devaluating, why?
Source: MobilePunch - 🏆 8. / 63 Read more »