Stock market dips by 1.2% amid profit-taking
PZ dominated the gainers’ chart in percentage terms, gaining 9.62% to close at ₦11.40 per share. | Pulse Nigeria
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PZ dominated the gainers’ chart in percentage terms, gaining 9.62% to close at ₦11.40 per share. | Pulse Nigeria
The bears continued to dominate the domestic stock market as the capitalisation shed N341 billion amid sustained negative investors’ sentiment.
The domestic stock market on Nigeria Exchange Ltd. (NGX) continued on a negative note as the market capitalisation on Monday dropped by N622 billion amid sustained profit-taking activities. Accordingly, investors lost N622 billion in value as market capitalisation declined to N29.281 trillion from N29.903 trillion recorded at the previous session. The All-Share Index (ASI) fell
The market breadth was negative as 21 stocks lost relative to five gainers. | Pulse Nigeria
Nigerian equities, yesterday, opened the week, extending its losing streak for the seventh consecutive session as investors’ investment declined by N16 billion.