Market volatility persists as investors’ wealth falls more by 1.8%
Stock price volatility with mixed trading sessions on the Nigerian Stock Exchange (NSE) hallmarked transactions last week, amid low liquidity, as investors continue to correlate government’s unclear policy direction with market fundamentals. Last week, NSE’s All-Share Index and market capitalisation depreciated by 1.8 per cent to close the week at 29,212 points and N10.979 trillion…
Transcorp, Japaul Oil lead stock market N4bn gain
Following bargain hunting in some high cap stocks, especially Transcorp, and Japaul Oil, trading on the floor of the Nigerian Stock Exchange..
Stock market’s indices dip further by 0.5%
Equity transactions sustained sliding profile for the fifth consecutive trading sessions, occasioned by heavy profit taking, causing the All-Share Index (ASI) to plummet further by 0.5 per cent. Specifically, at the close of transactions yesterday, ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points, while the market…