Business

Equities market sustain bears as investors lose N75.07bn

Adeoye Faith
Equities market posts 3rd consecutive gains as investors further earn N61.6bn, stock market dips further , Bears persist at NGX, Equities investors lose N12.6%, Local stock market closes flat despite robust activities, Equities investors lose N38bn, Local stock market halts negative trend as investors earn N43bn, Local stock market dips further, as investors lose N516bn, bearish despite robust activities, Local stock market halts bears, gains 3bps, Local market opens week, Bullish sentiments persist, Equites investors earn N96bn , Negative sentiments persistent , Equities market sustains previous day loss, sheds 0.3%, Local stock market reverse losses, as ASI gains 1.24%, Equities investors lose N64bn, Local stock market maintains, NGX: Local stock market halts bullish run as ASI dips by 0.2%, Positive sentiments persist , bulls persist at NGX, Stock market closes week , Local stock market , Banking stocks loss dips, Local stock market sustains negative sentiments into new week, Local stock market, investors book profits off investment, Local stock market appreciates by 0.4% (WoW) amidst profit-booking, Equities investors earn N42bn , Local stock market opens, Local stock market gained N101bn in 5 days, Local stock market moderates by 0.03%, Local stock halt, Local stock market halts , Equities investors lose, Local stock market, Local stock market bows, Local stock market rebounds, High cap stocks' loss , Local stock market rebounds as market capitalisation crosses N24trn, Equities investors gain N23bn , NGX lists BUA Foods, equities market goes bullish, Local stock market extends, Equities investors earn N22bn , Local stock market opens , NGX: Stock market maintains positive sentiment as benchmark index adds 1%, Equities investors gains N629bn, Local stock market dips, Local stock market opens week bullish as investors earn N31.8bn, Investors sheds previous gains , Telcos stNegative sentiments persist, ocks push market, Investors lose N13bn in five days, Profit-taking dips market, Local stock market opens, Equities investors lose N12bn, Investors gain N169.7bn , Investors earn N54bn, Equities market rebounds, sentiments persist as investors earn, equities market halts bearish strides, Equities investors earn N10bn in five days, Local stock, dips market further by 0.1%, market reverses previous day's gain, Equities investors lose N24.4bn, Local stock market goes flat despite robust activities, Profit-taking pushed market bearish, Market opens September on bearish trend, Dangote Cement, Access stocks halt bearish trend, bears persists at NGX, Equities investors trade N8.2bn , FBN Holdings shares moves Investors lose N20bn, Equities investors earn N371bn, Bullish trend persists, Local stock market, Equities market post fourth day, Investors gain N30.1bn, Equities investors lose N159.54bn , Equities investors lose N159.54bn, Sell pressure dips market, investors gain N376bn, NGX posts second weekly loss, Bearish trend persists, Market opens week weaker, market bows to profit taking, Equities investors earn , Local bourse opens week , Local stock market closes, Sell-off in Airtel Africa's stocks pushes local stock market lower by 0.2 per cent, Bears persists , equities investors lose N23bn, Equities market bows equities investors lose , Investors gain N151bn , Investors earn N245bn , Local stock market opens, Local stock market , Equities investors lose , Local stock market, Equities market lost N604bn, Equities market sustains, Buying interest in banking stocks Stock investors earn N59.42bn, Local stock market extends , Equities investors earn , Local stock market reverses , stock pushes equities market , Equities investors begins week with N20.9bn gain,Profit-taking on banking stocks dips market by 0.2%, Local equities market rebounds, market dips, Local bourse lifts bears , Equities market, Local stock market dips, Investors lose N118bn, Equities market, Equities investors earn N108bn, Local stock market sheds, Equities market ,equities market rebounds, Local stock market opens, equities investors lose N245bn, Equities investors lose N17bn, Investors lose N15bn, Local equities market rebounds, Local stock market reverses, Bearish sentiments hit eight sessions, market begins month weaker, Equities market, Seplat stocks push market , Equities market opens week, Equities market sustains previous day, Stock market, Equities marNigerian Exchange Group, Equities market, Stock market sustains gains, Equities investors gain N42.3bn, NSE market equities, equities market, Stock market, Banking stocks losses, Equities market profit-taking, Equities investor, equities market, 0.07 market, Market capitalisation, Equities market reverses seventh day, injvestors gain, equities investors, market capitalisation, NSE, market, Local stock market, Investors gain N73.07bn, Equities market, Equities market opens, Equities market, Dangote Cement, Stock, Equities market, equities, market, Investors loseEquities market, equities investors earn

The Nigerian Stock Exchange (NSE), on Tuesday, closed bearish, following previous day stance. The All Share Index dropped by 0.58 per cent to close at 24,883.70 basis points as against -0.06 per cent drop recorded on Monday.

Consequently, investors lose N75.07 billion as the Nigerian bourse’s equities market capitalisation presently stands at N12,981 trillion. Thus, Year-to-Date (YTD) returns currently stands at -7.30 per cent.

Market breadth also closed negative as Cadbury led 16 gainers as against 17 losers topped by Prestige Insurance..

On the gainers’ chart, Cadbury took the lead trailed by Nigerian Breweries, Mutual Benefit, Ardova and LASACO Insurance.

At the rear end of the chart, Prestige Insurance, Ikeja Hotel, CHI Plc, Mamsard Insurance and Courtville led the chart.
Market activity however spiked as the volume of trades increased by 17.84 per cent to record 206 million units from 175 million units traded in the previous session.

Value followed suit to record 73.64 per cent incline at N2.47 billion recorded at the close of trading today as against N1.425 billion recorded previously.

Access Bank, Fidelity Bank, Guaranty Trust Bank, Zenith Bank and Wema Bank made up the top five performers in terms of volume of units traded, while Guaranty Trust Bank, Dangote Cement, Zenith Bank, Nestle Nigeria and Access Bank made up the top five performers in terms of value traded.

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

COVID-19: FG directs civil servants on levels 12, 13 to resume
The Federal Government has directed civil servants on Grade Levels 12 and 13 to return to work immediately. The Head of the Civil Service of the Federation (HoSCF), Dr Folashade Yemi-Esan, gave the directive in a circular dated August 10, 2020, where she similarly directed those on essential duties to resume full duties. Since the initial lockdown measures over the COVID-19 pandemic, only workers on Grade Level 14 and above had been allowed to work…

UPDATE: Why Boko Haram recruit more members ― North-East governors
Following the recent attack on the convoy of Governor Babagana Zulum of Borno State, six governors of the northeast states and heads of security agencies have met with President Muhammadu Buhari at the presidential villa, Abuja, with the state chief executives disclosing that insurgents are able to recruit more followers because of lack of access to farmlands…

Equities market

WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

Share This Article
Previous Article Edo, Edo govt disclaims video Edo 2020: Political actors, security forces’ interference disappointing ― UNDEDSS
Next Article Idowu Oyeleke, Mr Idowu Oyeleke, Agenda as Oyo commissioner for Environment My agenda as Oyo Commissioner for Environment ― Oyeleke

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune