Equities Performance Retreats, Sheds N192bn
The domestic equities market yesterday closed on a negative tone, as price decline in FBN Holdings (FBNH) Plc and 28 others dragged the overall capitalisation
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The domestic equities market yesterday closed on a negative tone, as price decline in FBN Holdings (FBNH) Plc and 28 others dragged the overall capitalisation
Trading activities on equity market of the Nigerian Exchange Ltd.(NGX) ended lower on Thursday, reversing some of the gains recorded Wednesday, due to sell-off in Tier-one bank shares. Specifically, the market capitalisation decreased by N192 billion or 0.49 per cent to close at N39. 103 trillion from N39.295 trillion on Wednesday. The selloffs in Tier-one
Recovering from the previous session’s loss, the domestic stock market yesterday posted gains as the overall capitalization rose by N166 billion.