The Nigerian stock market last week declined occasioned by profit taking in Dangote Cement, MTN Nigeria and other 38 stocks. The All Share Index and Market capitalization declined by 0.11% to settle at 67,324.59 points and N36.847 trillion respectively. An aggregate of 3.9 billion units of shares were traded in 38,536 deals, valued at N30.379 billion. The […]
The stock market last week closed was down by 1.10% due to profit taking, bringing the All Share Index and Market Capitalisation to 67,395.74 points and N36.886 trillion respectively. Year to date, the market has returned 31.50%. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed:[…]
The Nigerian stock market declined by 1.01% week on week, as NESTLE, PRESCO and other 51 stocks shed weights. The All Share Index dropped by 1.10% to settle at 67,395.74 points from 68,143.34 points. Consequently, the Market capitalization also dropped by 1.10% to settle at N36.886 trillion from N37.295, thereby shedding N409 billion. An aggregate of 2.93[…]