Tag: #AllShareIndex
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NIGERIAN STOCK MARKET LOSES N612 BILLION AMID SELL-OFF, BEARISH TREND CONTINUES
The Nigerian stock market continued its bearish streak on Tuesday, shedding N612 billion in market value. Triggered by sustained sell-offs in stocks like National Salt Company, Skyway Aviation Handling, Oando, UPDC, and Learn Africa, the Nigerian Exchange Limited (NGX) market capitalisation dropped from N97.582 trillion to N96.970 trillion. The All-Share Index fell by 1,109.50 points…
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NIGERIAN STOCK MARKET CLOSES WEEK LOWER AMID PROFIT-TAKING, WEEKS AFTER BULLISH RUN
The Nigerian stock market ended the week down by 0.56%, with market capitalisation dropping by N516 billion to N92.214 trillion. The All-Share Index fell by 815.80 points to 145,754.91, pressured mainly by profit-taking in stocks like Abbey Mortgage Bank, Custodian Investment, and Deap Capital Management. Despite the dip, market breadth was positive with 42 gainers,…
