Nigerian stocks fall, wipe out early year gains
Market breadth was positive as 20 gainers emerged compared to 16 laggards
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Market breadth was positive as 20 gainers emerged compared to 16 laggards
The Nigerian equities market reopened on a brighter note on the first trading day in 2023, as repositioning for the 2022 full-year earnings and dividend declaration continued yesterday.
The Nigerian Exchange Limited (NGX) sustained its Santa Claus rally yesterday, as the all-share index (ASI) crossed the 50,000 mark. At the close of transactions, the ASI rose by 365.4 absolute points, representing a gain of 0.7 per cent to close at 50,300 points. Accordingly, investors’ wealth appreciated by N199 billion in value as market […]
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The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.