NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks - Business - Nairaland
Nairaland Forum › Nairaland General › Business › NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks (468 Views)
| NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by Nobody: 6:20am On May 06, 2017 |
NSE loses N6.8bn within 78mins of Buhari’s first outing in weeks newsheadlines.com.ng May 6, 2017 1:30 AM The Nigerian Stock Exchange(NSE) lost N6.87 billion within the first 78 minutes of President Muhammadu Buhari’s first appearance in 14 days. At the close of business on Thursday, the market capitalisation stood at N9,045,302,101,604.97. When the market opened on Friday, the stock exchange gained N30.66 billion, rallying at N9,075,965,863,135.82 when the news of the president’s first public appearance in weeks, broke. Within the next 78 minutes from about 2:12pm to 3:30pm, the market shed N6,871,064,372.41 to close at N9,069,094,798,763.41. Net capital flight has been on the decline of late as the market capitalisation of the Nigerian bourse has remained around the N9 trillion mark, as against N8 trillion in the opening weeks of 2016. In fact, through the first eight trading days of 2016, the market lost 1.2 trillion to become the worst performing exchange in Africa. https://www.newsheadlines.com.ng/the-cable-news/2017/05/06/nse-loses-n6-8bn-within-78mins-of-buharis-first-outing-in-weeks/amp/ |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by sarrki(m): 6:21am On May 06, 2017 |
Following |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by lwise(m): 6:24am On May 06, 2017 |
Buhari=Bad luck |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by nero2face: 6:25am On May 06, 2017 |
Nothing good comes from Daura...#agentofbadluck
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| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by jericco1(m): 6:32am On May 06, 2017 |
This what happens when a ship doesn't have a captain. If the president is incapable of fulfiling his constitutional duties, he should just handover. |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by smartty68(m): 6:35am On May 06, 2017 |
I don't understand. I just don't get it. This news doesn't add up. How did his outings affected the stock exchange market  |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by Caseless: 6:35am On May 06, 2017 |
Must these donkeys tie everything to buhari's appearance and disappearance? Pathetic! |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by feldido(m): 7:12am On May 06, 2017 |
smartty68:It Fuelled Speculation, and you knw what that means? |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by Montaque(m): 7:25am On May 06, 2017 |
i hope this will give a clear picture of what it mean to say that the health of Buhari is the health of Nigeria. just like that of a pastor to the church or the father to the family. only the demeanor of a leader is worth more than most of his actions. what we have is a frail, sickly and lanky reed in this sahara of a country. |
| Re: NSE Loses N6.8bn Within 78mins Of Buhari’s First Outing In Weeks by nero2face: 7:33am On May 06, 2017 |
smartty68:Bros sorry oh, so how did Trump's victory cause sudden fall of dollars in USA?, ..the wrist watch explains ur condition best...
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