The All-Share Index settled below the 35,000 psychological mark breached in the prior week, closing at 34,136.82 points. Notably, investors’ sell down in UBA (-10.9%), DANGSUGAR (-7.7%), FLOURMILL (-7.4%), STANBIC (-6.5%), ZENITH (-5.7%), and DANGCEM (-3.4%) drove the benchmark index 2.6% lower, its first weekly loss in eight weeks. November […]
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ZENITHBANK, STANBIC Drags NSE Indices Down -0.50%
November 19, 2020/Cordros Report EQUITIES Trading in the domestic bourse was bearish today, following profit taking on banking stocks – ZENITHBANK (-2.4%), STANBIC (-4.1%) and UBA (-2.9%). As a result, the benchmark index declined by 0.5% to 34,643.65 points. Accordingly, the Month-to-Date and Year-to-Date gains moderated to 13.5% and 29.1%, […]
NSEASI Sheds -0.50%, Dragged by Sell-Offs in Banking Counters
November 19, 2020/InvestmentOne Report The Nigerian equities market closed down today as NSE-ASI lost 0.50% to close at 34,643.65pts. In today’s trade, market breadth index was negative with 19 gainers against 28 losers . BOCGAS (+9.90%) led the gainer’s chart today, while PRESCO (-9.97%) was the top loser. TRANSCORP was the most actively traded stock with about 51million units of shares […]
