Massive sell-off depresses stock market indices by N294b in four days
Tensions ahead of the 2019 polls have continued to take its toll on the equities sector of the Nigerian Stock Exchange (NSE) as investors’ wealth depreciates by N294 billion in four days amid massive dumping of shares.
Indices plunge further by 0.11% amid lingering sell pressure
The Nigerian Stock Exchange (NSE) yesterday extended three days of selloff, attributable to uncertainties that besieged the nation’s political environment.
Investors lose N31b amid heightening political tension
Fears that the heightening political uncertainties may trigger a pull back in the equity market to halt the bullish run witnessed in the past few days...
Stock market rebounds marginally by 0.01%
The Nigerian equities market rose marginally by 0.01 per cent, yesterday, occasioned by price gains in some highly capitalised stocks...
Market capitalisation up by N44 billion on equities rebound
The Nigerian equities market reversed previous day’s negative sentiment to close higher at the end of yesterday’s transactions, following price gains by most blue chip stocks, as market capitalisation increased by N44 billion....
Market indices plunge further by N155billion
The reign of the bears persisted yesterday, following sell pressure by investors on the Nigerian Stock Exchange (NSE), as market capitalisation plunged further by N155 billion.
Experts disagree with EIU economic conclusions on Nigeria
More economic experts have disagreed with the latest five-year outlook by Economic Intelligence Unit (EIU), which envisaged that continuous socio-political upheavals and severe economic difficulties will remain sources of serious instability in Nigeria,....