The Nigerian stock market on Tuesday halted days of downtrend as the All Share Index appreciated marginally by 0.01% to close at 49,445.31 points from the previous close of 49,440.21 points. The Market Capitalisation appreciated by 0.01% to close at N26.670 trillion from the previous close of N26.667 trillion, thereby gaining N3 billion. An aggregate of […]
Why you should pitch your tent with fundamentally sound stocks The stock market last week continued its southward journey, occasioned by profit taking in 39 equities. The All Share Index and Market Capitalisation declined by 0.44% week on week 49,475.42 points and N26.686 trillion respectively. Most stocks have touched their 52 weeks low and some are tending[…]
Trading on the floor of the Nigerian stock market last week closed bearish again amidst profit taking in 39 equities. The All Share Index and Market capitalization declined by 0.44% to settle at 49,475.42 points and N26.686 trillion respectively. An aggregate of 719.4 million units of shares were traded in 17,447 deals, valued at N8 billion. The[…]