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NSE Market Indices On Wednesday Extend Losses By 0.46% - Business - Nairaland

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NSE Market Indices On Wednesday Extend Losses By 0.46% by edunwablog: 5:38pm On Mar 21, 2018
The Nigerian Stock Exchange (NSE) on Wednesday, for three days running, extended losses, dropping by 0.46 per cent, amid profit taking. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped further by 190.93 points or 0.46 per cent to close at 41,495.43 against 41,686.36 recorded on Tuesday. Also, the market capitalisation, which opened at N14.912 trillion, dipped N68 billion or 0.46 per cent to close at N14.844 trillion. NAN reports that the market failed to react positively to the audited results being released in the market, which analysts attributed to unstable economic environment. Some blue chips posted price loses and this was led by Nestle with a loss of N30 to close N1.50 per share. Lafarge Africa trailed with N3.30 to close at N47.05, while Stanbic IBTC declined by N2.15 to close at N46 per share. Cadbury shed N1.35 to close at N12.65, while Nigerian Breweries was down by N1.20 to close at N126 per share. Conversely, Guinness led the gainers’ table for the day, gaining N4.80 to close at N105 per share. GlaxosmithKline followed with a gain of N1.05 to close at N22.05, while Dangote Flour appreciated by 75k to close at N15.75 per share. The Cement Company of Northern Nigeria added 50k to close at N18.75, while NASCON Allied also gained 50k to close at N20.50 per share. The volume of shares traded closed higher with a total of 488.97 million shares worth N5.64 million transacted in 5,524 deals. This was against the 409.21 million shares valued at N3.92 billion shares sold in 4,996 deals on Tuesday. Africa Insurance remained the most traded, accounting for 82.77 million shares worth N20.37 million. Japaul Oil and Maritime followed with 75.55 million shares valued at N42.28 million, while Fidelity Bank sold 63.88 million shares worth N151.42 million. Zenith Bank exchanged 29.59 million shares valued at N837.67 million, while FBN Holdings traded 28.78 million shares worth N344 .34 million. (NAN)

http://www.akelicious.net/2018/03/nse-market-indices-on-wednesday-extend.html

Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Sarang(f): 7:32am On Mar 22, 2018
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Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by OMOTOWO(m): 7:33am On Mar 22, 2018
Sarang why u do me like this ?why not let me occupy FTC because today is my birthday.Anyway my brothers and sisters ..show some love ,today is my birthday.I have no money to celebrate but I know you can make me feel among with your likes ...

1 Like

Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Becoted001(m): 7:34am On Mar 22, 2018
smiley
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Nobody: 7:36am On Mar 22, 2018
Good deal cool
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Sarang(f): 7:36am On Mar 22, 2018
OMOTOWO:
Sarang why u do me like this ?why not let me occupy FTC because today is my birthday.Anyway my brothers and sisters ..show some love ,today is my birthday.I have no money to celebrate but I know you can make me feel among with your likes ...

Sorry I have something very important too, still I hope you enjoy your day!

See my signature!!
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Originality007: 7:39am On Mar 22, 2018
wetin b my own? wen they are gaining of what benefit to me..
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by talk2rotman(m): 7:44am On Mar 22, 2018
good for them... nah all dis bubu go use campaign now....daura chairmooo
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by israelmao(m): 7:44am On Mar 22, 2018
Stock market yet to regain full and previous confidence of investors.
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by obazo1: 7:46am On Mar 22, 2018
[b][/b]no be every day soup dey sweet.. week in week out is all about gain and loss... that's why we have stock brokers to predict when and what deals we need to do.
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Dcaliphate(m): 7:48am On Mar 22, 2018
I knew it, just like i forecasted, i knew NSE is a NASCON while NASCON was an NSE and a bullied allied indexiocal beef is all that is needed for me to make a meaning of this 0.06% of a post angry
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Dcaliphate(m): 7:49am On Mar 22, 2018
OMOTOWO:
Sarang why u do me like this ?why not let me occupy FTC because today is my birthday.Anyway my brothers and sisters ..show some love ,today is my birthday.I have no money to celebrate but I know you can make me feel among with your likes ...
Issa lie isnor you byday, u just wan collect like.. .like na food?? grin
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by OMOTOWO(m): 7:52am On Mar 22, 2018
Dcaliphate:

Issa lie isnor you byday, u just wan collect like.. .like na food?? grin
it makes me happy .wetin be ur own
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by FrankTalk1: 8:29am On Mar 22, 2018
The stock market is one of the greatest ways you can build wealth. However, if you are not knowledgeable in it you can also lose your hard earned money.

See great tips on how you can effectively make money from the Nigerian Stock market without getting your fingers burnt:

http://myafribusiness.com/category/learn-the-best-was-to-put-your-money-to-work/stock-market/
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by Nobody: 9:05am On Mar 22, 2018
Sometimes are like that.
Re: NSE Market Indices On Wednesday Extend Losses By 0.46% by fatboyebele(m): 9:25am On Mar 22, 2018
Lasaco assurance about to be purchased by a foreign firm could be the beginning of a good rally

1 Like

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