It was yet another bearish session on the floor of the Nigerian stock market on the first trading day of the week as downtrend extended on profit taking by investors to four straight sessions. The All Share Index dropped by 0.05% to close at 49,344.67 points from the previous close of 49,370.62 points. The Market Capitalisation declined […]
The Nigerian stock market last week continued its southward journey, bringing the prices of many stocks to their year low. Year to date the market has returned 15.58% as the All Share Index and Market Capitalization stands at 49,370.62 points and N26.629 trillion respectively. Should investors be worried as the bear continue to dominate the equity space?[…]
Trading on the floor of the Nigerian Exchange last week closed bearish as MTN Nigeria, PRESCO, SEPLAT, Okomu Oil as well as other 37 stocks closed the week lower on profit taking The All Share Index and Market capitalization declined by 0.59% to settle at 49,370.62 points and N26.629 trillion respectively. An aggregate of 823 million units[…]