The stock market last week continued its southward journey as the All Share Index and the Market Capitalisation declined by 0.68% to close at 43,968.75 points and N23.949 trillion respectively. In a chat with Mr Gilbert Ayoola, the capital market expert shed light on the current market mood, market possibilities and stocks to watch. Excerpts: • The market […]
The Nigerian stock market last week continued its down trend as prices of stocks keep shedding weight, occasioned by profit taking in Guinness, Flourmills, Presco, MTN, Seplat, Dangote Cement and Airtel among others. Year to date, the market has returned 2.93% with All Share Index and Market Capitalisation at 43,968.75points and N23.949 trillion respectively. Most stocks have[…]
Trading activities on the floor of the Nigerian Exchange last week closed on a bearish note as Dangote Cement, Presco, MTN Nigeria, Seplat and Airtel Africa shed their weights. The All Share Index and Market capitalization declined week on week by 0.68% to settle at 43,968.75 points and N23.949 trillion respectively. An aggregate of 1.1 billion units[…]