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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Market Investors Lose N11.52bn In Five Days (10746 Views)
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Nigerian Stock Market Investors Lose N11.52bn In Five Days by MyVc: 11:38am On Sep 29, 2019 |
The Nigerian Stock Exchange closed bearish for the week ended Friday, 27th September 2019 as key market growth indices were downturned. The bearish trend was as a result of heavy losses suffered by some blue-chips stocks such as; Stanbic IBTC Bank, Presco Plc and Cement Company of Northern Nigeria Plc. The NSE All-Share Index (ASI) was down by -0.09% to close at 27,698.69 basis points Week-to-Date. The NSEASI Year-to-Date currently stands at -11.95%. SEPLAT Petroleum Development Company Plc was the best performing stock for the week. The stock gained N96.69 to close at N556.60. Seplat Petroleum was up by 21% for the week. Continental Reinsurance Plc advanced by 20.38% to close at N1.89. Total Nigeria Plc completes the top three traded stocks for the week. The stock appreciated by 20% to close at N120. A total turnover of 1.097 billion shares was traded this week by investors on the floor of the exchange market worth N16.693 billion. This is in contrast to 1.272 billion shares that exchanged hands last week by investors valued at N18.750 billion traded in 19,482 deals. On the flip side, Learn Africa Plc was the worst-performing stock for the week. The bluechip stock was down by 19.42% to close at N1.12. UACN Property Development Company Plc declined by 18.31% to close at N1.16. NPF Microfinance Bank Plc rounds up the top three losers chart for the week. The financial firm dips by 12% to close at N1.10. The Financial Services Industry, The Consumer Goods Industry and the Conglomerates Industry led the volume activity chart for the week, contributing N6.41 billion, N8.53 billion and N203.24 million respectively to the total market equity. Source: https://financialmetricsnigeria.com/nigerian-stock-market-investors-lose-n11-52-billion-in-five-days-as-the-bourse-market-continues-bleeding/ 1 Share
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Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Godfrey858(m): 3:56pm On Sep 29, 2019 |
well thats a first FTC i dedicate this to my Dad Happy birthday Dad More years to come 24 Likes 2 Shares |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by osemoses69: 3:56pm On Sep 29, 2019 |
1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by yaki84: 3:56pm On Sep 29, 2019 |
This is no news at all 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by sestar: 3:57pm On Sep 29, 2019 |
Lol 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Oloyedecherry: 3:57pm On Sep 29, 2019 |
So people still believe all these all these criminal CEOs' that their only job is to manipulate people's investment, whereby they are there living life of opulence.....It's only God that can really judge us all. 8 Likes |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by webngnews: 3:59pm On Sep 29, 2019 |
U mean people still do stocks 1 Like |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Lexusgs430: 4:00pm On Sep 29, 2019 |
When they invested, they knew it's a 2 way traffic.... Up/Down......... Although all investors hope for more up days........ 4 Likes |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Nobody: 4:00pm On Sep 29, 2019 |
Who will teach me this stock investment cef? 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by johnkay1(m): 4:00pm On Sep 29, 2019 |
Okay 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Samanza89: 4:04pm On Sep 29, 2019 |
Investing in stocks is highly risky and also profitable, it happens both ways. Investing in money market or treasury bills is less risky with little or no lost of funds so its recommended for starters that ain't know anything about investment. You can start by using cowrywise with even 100 naira... I use Cowrywise App to automate my savings and investments Signup! Let us share my reward. https://get.cowrywise.com/r/Dianaobong8OBFxw/ 2 Likes 3 Shares |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by yesloaded: 4:07pm On Sep 29, 2019 |
1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Nobody: 4:07pm On Sep 29, 2019 |
Godfrey858: 5 Likes 1 Share
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Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Tboysalau(m): 4:08pm On Sep 29, 2019 |
oim 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Nobody: 4:08pm On Sep 29, 2019 |
OK 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by salford1: 4:08pm On Sep 29, 2019 |
The country itself is a scam. Companies forge numbers and declare fake profits all the time. 8 Likes 2 Shares |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by ayoplenty: 4:12pm On Sep 29, 2019 |
Such is life when they were gaining nobody heard about it...... Tired of all these negative stuff� 2 Likes 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by kripen(m): 4:18pm On Sep 29, 2019 |
I am still regretting why I invested on Nigeria stock exchange years back instead of using it to invest in real estate. 9 Likes 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by AJIBOLA840: 4:21pm On Sep 29, 2019 |
should we now fry the sand |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by uniqUN(m): 4:21pm On Sep 29, 2019 |
Godfrey858:Bros.... Dedicating an ftc to your dad on a bad news thread. Haba na so you wicked reach Happy birthday to your dad As for you, take this 8 Likes 1 Share
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Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Godfrey858(m): 4:21pm On Sep 29, 2019 |
[quote author=Pusifukifuqa post=82679576][/quote] Guy you dy reason like toothpick |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by crownwealth: 4:21pm On Sep 29, 2019 |
Buharin and bad luck 3 Likes 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by NonFarmPayrol: 4:24pm On Sep 29, 2019 |
kripen: Arbitrage trading is the best all these stock na waste of money 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Godfrey858(m): 4:24pm On Sep 29, 2019 |
uniqUN: Wetin concern me This country is already messed up And yes i will celebrate him wether its the end of the world so if you no get papa,i no fit blame you Having Him, without no mom from birth which Man fit do am 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by SolarMight(m): 4:25pm On Sep 29, 2019 |
Why couldn't I post on this thread initially? Today is Sunday o but you'd scarcely find any christian topic on FP. But on Fridays ruling on how to wash nyash will full everywhere 1 Like 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by dalass(f): 4:30pm On Sep 29, 2019 |
Hmmmmm |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by dalass(f): 4:31pm On Sep 29, 2019 |
NonFarmPayrol: Please shed more light on this arbitrage trading 1 Like |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by uniqUN(m): 4:31pm On Sep 29, 2019 |
Godfrey858: My broda, he is your papa. Celebrate him whichever way you want then. Rub am shit sef if you like. Wetin concern me with YOUR PAPA true true |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by Nobody: 4:32pm On Sep 29, 2019 |
You can see how minimal the comments are on thread like this? Sentiments aside, this country has no future. 12 Likes 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by biolite(m): 4:33pm On Sep 29, 2019 |
My questions is If they lose such kind of money...who receive the loss money then...i need clarity. 2 Likes 1 Share |
Re: Nigerian Stock Market Investors Lose N11.52bn In Five Days by dalass(f): 4:34pm On Sep 29, 2019 |
biolite: |
An Open Letter To SEC Written By A Lawyer Who Is A Participant Of MMM / VTU Business in Nigeria / How Much Is A Bundle Of #50 Note
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