Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,367 members, 7,957,985 topics. Date: Wednesday, 25 September 2024 at 06:48 AM |
Nairaland Forum / Nairaland / General / Investment / Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking (7297 Views)
Bloodbath: 185,450 Crypto Investors Lose All Their Funds As Bitcoin Drops To $38 / Election Result: Nigerian Stock Market Loses N85 Billion In 6 Hours / Investors Lose $190m As Owner Of Cryptocurrency Company Dies With Passwords (2) (3) (4)
Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by MyVc: 7:36pm On May 13, 2019 |
The Nigerian Stock Exchange (NSE) opens the week tradings' on a bearish note. The All Share-Index (ASI) declined by 1.26% to close at 28,484.44 basis points. Year-to-Date the ASI was down by 9.37%. The equity market capitalization closed at N10.701 trillion in contrast to N10.842 trillion recorded last week Friday. The market breadth closed with 11 gainers and 30 losers. Okomu Oil led the gainers' chart while NEM Insurance Plc led the top losers' chart. United Capital Plc was the most traded stock by volume. The stock sold 41.2 million units of its shares valued at N289.1 million. Guaranty Trust Bank was the most traded stock by volume. The company sold 37.9 million shares valued at N1.1 billion. UBA sold 15.9 million units worth N96.8 million. Sterling Bank transacted 13 million units valued at N34.4 million. Transnational corporations of Nigeria ranked in 12.2 million units valued at N14.2 million. Okomu Oil Palm Company Plc was the best-performed stock for the day. The stock appreciated by 10% to close at N77. Neimeth International Pharmaceuticals plc also appreciated by 10% to close at 55 Kobo. AG Leventis Nigeria Plc was up by 8.33% to close at 26 Kobo. Africa Prudential Plc appreciated by 7.91% to close at N3.82. Japaul Oil completes the top five gainers for the day. The stock increased by 7.69% to close at 28 Kobo. NEM Insurance Plc was the worst performed stock for the day. The stock shed 10% to close at N2.25. Chams Plc also depreciated by 10% to close at 36 Kobo. United Capital Plc was down by 9.37% to close at N2.32. Goldlink Insurance Plc declined by 8.70% to close at 21 Kobo. Jaiz Bank Plc rounds up the top five losers chart. The stock went down by 8% to close at 46 Kobo. Source: : https://businesshournigeria.com/investors-lose-n…ontinues-tanking/.
|
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Korllami007: 6:22am On May 16, 2019 |
Investors una better carry una bag and japa before una turn to alimajiri and start begging for food. You can come back when buhari has finished punishing Nigeria. The funniest thing is zombies still believe buhari has turned Nigeria to paradise. What a fantasy world they live in. 57 Likes 8 Shares |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Nobody: 6:22am On May 16, 2019 |
Lol With the cryptocurrency markets flying up This news kinda sounds funny to me Can't keep one kobo in Naija stocks When better ways to earn bread 2 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by nymphomaniac(m): 6:23am On May 16, 2019 |
This our NSE that isn't up to half of the NYSC. We will get there sha. |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by arsenalman(m): 6:28am On May 16, 2019 |
nymphomaniac:Haba! Half is too much na. You should be talking 0ne tenth. Even crypto market cap is bigger than NSE. I have seen over 30% gain in 1 week alone in crypto and NSE is there shiting its pants. 3 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by anonimi: 6:28am On May 16, 2019 |
MyVc: Buhari was, is and always will be bad news for everything he comes in contact with- economy, insecurity, employment, education etc. What should we say to those who knowingly packaged the shitty lifeless one for us in 2015 after we rejected him three times in 2003, 2007 and 2011 citizenisb: 7 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by DONADAMS(m): 6:29am On May 16, 2019 |
and one guy foresaw this on a thread sometime agi 3 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by vastolord4(m): 6:30am On May 16, 2019 |
I have no comments
|
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by ogawisdom(m): 6:30am On May 16, 2019 |
One minute silence for the losing investors More heart breaks ahead when next level is fully loaded 3 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Xisnin(m): 6:30am On May 16, 2019 |
arsenalman:You can also see a 70% loss when the manipulators decide to sell. 9 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by myresearch: 6:31am On May 16, 2019 |
I Got Something More Than Nigeria Stock |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by anonimi: 6:32am On May 16, 2019 |
Korllami007: Some of them have seen the light, lol When hunger wire them properly with joblessness www.nairaland.com/attachments/4180477_1392483210143001453357818500537568220443822n_jpeg744fcdbcdbc4f5b147d46800faffe62b 3 Likes 1 Share |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Amuocha: 6:32am On May 16, 2019 |
Tanking indeed 1 Like |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by AngelicBeing: 6:35am On May 16, 2019 |
Korllami007: 2 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by AngelicBeing: 6:35am On May 16, 2019 |
anonimi: 2 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by AngelicBeing: 6:36am On May 16, 2019 |
Amuocha:Hahaha 2 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by philcz(m): 6:36am On May 16, 2019 |
God airpus in this country, what investment can someone make with $50 dollars? 3 Likes
|
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by AngelicBeing: 6:37am On May 16, 2019 |
anonimi: |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by blackpanda: 6:38am On May 16, 2019 |
[s] Korllami007:[/s] Why can't u guys just shut up for once 1 Like 1 Share |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by idreezbaba(m): 6:40am On May 16, 2019 |
maybachmusic:you are joking cryptocurrency market keeps dying everydAY 1 Like 1 Share |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by expert234: 6:44am On May 16, 2019 |
Buratai will also say it is defeated politicians that are tanking the stock market. 2 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by expert234: 6:46am On May 16, 2019 |
I'm certain that the dirty dog with ugly rat face in the picture below will blame Jonathan for this. That's how idiotic the fool is. 4 Likes 1 Share
|
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by expert234: 6:48am On May 16, 2019 |
idreezbaba: You clearly know nothing about cryptocurrency market. When did you check bitcoin value last? 4 Likes 1 Share |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by expert234: 6:50am On May 16, 2019 |
Korllami007: You mean zombified idiots like the disgraced dirty dog with the ugly rat face in the picture below? 2 Likes 1 Share
|
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by idreezbaba(m): 6:51am On May 16, 2019 |
expert234:You see?? thats the problem bitcoin aint the only cryptocurrency bro 2 Likes 1 Share |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by AllenSpencer: 6:54am On May 16, 2019 |
[s] Korllami007:[/s] |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by hisexcellency34: 6:57am On May 16, 2019 |
Buhari's bad luck is affecting stock market 1 Like |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by Acidosis(m): 7:01am On May 16, 2019 |
Those who gave their votes to the economic terrorist do not care about NSE. Time for any reasonable investor to choose his/her "battles" wisely. BTW, Okomu oil is one silent but big achiever in the oil palm industry. 2 Likes |
Re: Investors Lose N140.86 Billion As Nigerian Stock Market Continues Tanking by israelmao(m): 7:08am On May 16, 2019 |
Season of lamentation even the President is lamenting over poverty he caused. |
Beware Of This Loan App ( 9ja Cash )...... I Just Fall A Victim Of Thier Scams. / Investment: Bank Shares Or A Plot Of Land? / 4 Bedroom Semi-detached Duplex
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 33 |