http://www.punchng.com/nse-investors-lose-n804bn-in-seven-days/ Equity investors in the country’s capital market
in the first seven trading days of the year lost
N804tn of their investment worth.
Market capitalisation after the trading on the
floor of the Exchange on Tuesday closed at
N8.95tn while on the first day of trading in 2016
(January 4), market capitalisation was pegged
at N9.75tn. This depicts a loss of N804bn.
The All-Share Index also dropped from
28,370.32 basis points on the first day of
trading in 2016 to 26,034.94 basis points on
Tuesday.
The daily market performance of the NSE
showed a drop in market capitalisation from
N9.062tn on Monday to N8.953tn while the ASI
also depreciated from 26,350.18 points to
26,034.93 on Tuesday.
A total of 223.385 million shares worth
N2.512bn were traded in 2,776 deals. The
highest index point recorded was 27,266.18
while the lowest and average index points were
26,034.93 and 26,350.18, respectively.
After the close of trading on Tuesday, 32 quoted
firms emerged losers while only eight had their
share prices appreciated.
On the other hand, 18 companies emerged
losers while 12 gained on the first day of trading
in 2016.
Livestock Feeds Plc, Tiger Branded Consumer
Goods Plc, Nigerian Aviation Handling Company
Plc, UAC Properties Plc and Cadbury Nigeria Plc
emerged top losers.
The share price of Livestock Feeds closed at
N1.22 from N1.34, losing N0.12 (8.96 per cent)
while that of Tigerbrands shed N0.08 (8.51 per
cent) to close at N0.86 from N0.94. NAHCO
shares depreciated by N0.18 (five per cent) to
close at N3.42 from N3.60.
UAC Properties shares also lost N0.29 (five per
cent) to close at N5.51 from N5.80 while that of
Cadbury closed at N15.49 from N16.30, losing
N0.81 (4.97 per cent).
Other losers were Zenith Bank Plc, Oando Plc,
PZ Cussons Nigeria Plc, Transnational
Corporation of Nigeria Plc, Berger Paints Plc,
Diamond Bank Plc, N.E.M. Insurance Company
Nigeria Plc, Law Union and Rock Insurance Plc,
Vono Products Plc, African Prudential Registrars
Plc, Nigerian Breweries Plc, Unity Bank Plc,
United Capital Plc, Ashaka Cement Plc, Cutix
Plc, and Ecobank Transnational Incorporated.
Guaranty Trust Bank Plc, Neimeth International
Pharmaceuticals Plc, Continental Reinsurance
Plc, Wema Bank Plc, FBN Holdings Plc, UACN
Plc, FCMB Group Plc, United Bank for Africa
Plc, Skye Bank Plc, Stanbic IBTC Holdings Plc
and Union Bank Nigeria Plc also emerged losers
after the day’s trading.
May and Baker Nigeria Plc, Champion Breweries
Plc, Eterna Plc, Portland Paints and Products
Nigeria Plc, and Trans-national Express Plc
topped the gainers table.
May & Baker shares gained N0.05 (five per
cent) to close at N1.05 from N1 while that of
Champion Breweries closed at N3.38 from
N3.22, appreciating by N0.16 (4.97 per cent).
The share price of Eterna also closed at N1.69
from N1.61, gaining N0.08 (4.97 per cent) while
that of Portland Paints and Products
appreciated by N0.19 (4.82 per cent) to close at
N4.13 from N3.94.
Trans-national Express shares gained N0.04
(3.60 per cent) to close at N1.15 from N1.11.
Learn Africa Plc, Access Bank Plc and
International Breweries Plc also emerged
gainers after the close of trading at the
Exchange.

Please who are those losing this money?

I love it when everyone else is fearful! #WealthTransfer

Please can someone tell me when one can buy FB shares and qualify for dividend.

I was looking at a big screen displaying stock market trades in the public with other viewers in thousands....all of a sudden the screen was wiped out. Blanked. And everyone was shocked and suddenly I woke up. Terrified that all my stock fund was gone. I decided to exit stock trading more than 2 months ago now.

This is not a panic message, but I expect people to use their discretion to get the message with what is playing out now. I'm not a prophet but only sharing my experience. Know when to hold on and know when to walk away. Better now than never.

Hi all, Morgan debited me over N5,000 How much do they charge for annual service?

http://www.ngrguardiannews.com/2016/01/reps-direct-cbn-to-order-refund-of-cot-charges-by-banks/
banks on a long thing

locodemy:


That huge buying is not bad especially if you are lucky to buy at bottom out.when you scatter your money in various stocks,the penny profits on top will not entice you.

if you want to make it big in 2016,always keep your eyes on the price of oil,it will tell you when to enter and when to wait.make sure you grab those good stocks that are seriously affected due to oil price fall.they are the first to rise e.g zenith,gtb,oando,eterna,transcorp and few others.

good point.. noted

Justcul:
Hi all, Morgan debited me over N5,000 How much do they charge for annual service?

bros, start doin acct of yur money... then call dia costumer care n complain..
that wat happen to me yestaday... d debit me twice for annaul fee(2500k) cal n complain n it has been reverse

Mfunkynation:

bros, start doin acct of yur money... then call dia costumer care n complain..
that wat happen to me yestaday... d debit me twice for annaul fee(2500k) cal n complain n it has been reverse

Thanks bro

Mfunkynation:

bros, start doin acct of yur money... then call dia costumer care n complain..
that wat happen to me yestaday... d debit me twice for annaul fee(2500k) cal n complain n it has been reverse

even me too I was debited twice! but I have call them ...

Pls house can someone name lifetrading platform.

transcorp 1.14

I was able to exit all my positions from the market yesterday. I lost a little money but I feel a bit relieved.

Baba God I thank you for this opportunity...I will load my Morgan account before the week runs out

ufotty2001:
transcorp 1.14

oga transcorp.. easy oooo

Born2berich:
Baba God I thank you for this opportunity...I will load my Morgan account before the week runs out

Better load the money you can afford to lose, Shekina.

newdada:
I was able to exit all my positions from the market yesterday. I lost a little money but I feel a bit relieved.

Good! same wit me... it is better to hold yur cash n grab @ low/bottom price

This is a sereous crash

newdada:
I was able to exit all my positions from the market yesterday. I lost a little money but I feel a bit relieved.

was also able to sell all my holdings in dangcem yesterday though with a slight profit bought it @ #142

Cash is king, it's better you buy a stock that is selling at #5 at the cost of #10 when price of crude oil become stable and all things become normal, than to buy at #5 today and see the price at 50 kobo tomorrow if not in reconstruction of ten to one.

ogoo4real:
Some pple re busy laying arm bush but as 4rm 2morrow the market will turn bullish, the bearish period is over. Mark my words....

Happy i did not enter zenith at 12.73

Justcul:
Happy i did not enter zenith at 12.73

so when do we enter? 10.93 as I'm typing.

zendi:
so when do we enter? 10.93 as I'm typing.

I will advise you to wait.. let's see what happens by friday. just my 1 cent sir

Funny mkt and who are the people buying all theses stocks ..are they new in the market or are they fools ?

Maybe they re timing the MKT wrongly ..watching

lancee:
Funny mkt and who are the people buying all theses stocks ..are they new in the market or are they fools ?

Maybe they re timing the MKT wrongly ..watching

am still supprise people are still buying uba @ 2.75 .. now am waiting for uba @ N1

ufotty2001:
am still supprise people are still buying uba @ 2.75 .. now am waiting for uba @ N1

well i think they may have their reasons ..info varies

Lets see maybe it will get to N1

Any circuit breaker rules in our Market?

Anyone thinks Zenith will go significantly lower than 10.93?

gbolah4real:

Any circuit breaker rules in our Market?

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