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NSE: Volatility Persists As Equity Market Sheds N5bn - Business - Nairaland

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NSE: Volatility Persists As Equity Market Sheds N5bn by Nkemakonam62(op): 6:14am On Apr 10, 2019
Transactions on the floor of the Nigerian Stock Exchange (NSE) Tuesday continued on downward trend, dropping by N5 billion.

Specifically, market capitalisation of listed equities declined further by 0.05 per cent to N10.948 trillion from N11.953 trillion reported on Monday.

Also the NSE All Share Index depreciated by 12.78 basis points to 29149.46 points from 29162.24 points traded the previous day.

Investors traded a turnover of 374.026 million shares worth N3.057 billion in 3634 deals, against 455.875 million shares valued at N5.254 billion exchanged hands the previous day in 3993 deals.

According to NSE trading result during the day, Stanbic IBTC led gainers table, increasing by N2.80 kobo to close at N46.00, Guaranty Trust Bank followed with a gain of N2.45 kobo to close at N34.00, Nigerian Breweries gained N0.20 kobo to close at N60.20 kobo, Access Bank added N0.10 kobo to close at N5.70 kobo, May and Baker Nigeria Plc grew by N0.08 kobo to close at N2.38 kobo.

On the contrary, Nascon recorded the highest loss during the day, dropping by N0.95 kobo to close at N19.05 kobo, Ecobank Transnational Incorporated trailed with a loss of N0.75 kobo to close at N10.50 kobo, Dangote Cement industry Plc fell by N0.50 kobo to close at N185.00, Dangote Sugar Refinery Nigeria Plc sheds N0.30 kobo to close at N13.45 kobo, NEM Insurance down by N0.23 kobo to close at N2.10 kobo.

A review of the investment showed that Sterling Bank Plc was the investors delight during the day, accounting for 119.718 million shares worth N311.311 million, Chams Plc followed with 50.233 million shares valued at N14.060 million, FBNHoldings traded 44.585 million shares cost N323.135 million, United Bank for Africa exchanged 26.934 million shares worth N161.941 million while Guaranty Trust Bank sold 24.072 million shares valued N787.990 million.

https://www.blueprint.ng/%EF%BB%BFnse-volatility-persists-as-equity-market-sheds-n5bn/

Re: NSE: Volatility Persists As Equity Market Sheds N5bn by GOFRONT(m): 6:17am On Apr 10, 2019
You bet9ja scammer....This is not how to make money to buy the Benz...
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by Jestin: 6:25am On Apr 10, 2019
Everything in Nigeria is always going downwards
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by drnelson: 6:27am On Apr 10, 2019
D stocks the buy now


Uba
Unilever
AIICO
Flourmills
Nestle


If you lose money don’t blame me ooo
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by Gosj01(m): 6:29am On Apr 10, 2019
All this people wey dey comment sef!?





I sell laptops.
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by Gosj01(m): 6:29am On Apr 10, 2019
All this people wey dey comment sef!?





I sell laptops.
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by jadeliyi(m): 6:41am On Apr 10, 2019
in the NSE it either you get richer or poorer
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by dgitrader(m):
The best time to return Ur funds to the stock market is Feb. 2023 when bubu is expiring. Then u will buy blue chip stocks at crisis prices. For now, keep Ur funds in euro, dollars, tbills, gold and titled virgin lands. Madt country with woeful leadership.
Before the zombies start quoting me. This isn't about Buhari, its a systemic monster whose time has come and cant be curtailed. its centred around nepotism, mediocrity, and feudal destructive agenda.

Re: NSE: Volatility Persists As Equity Market Sheds N5bn by deepsuk(f): 6:45am On Apr 10, 2019
Chai the stock market is bad pass ooo

Even the bet9ja person wey dey post on top every thread dey leave dis one alone
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by deepsuk(f): 6:45am On Apr 10, 2019
grin
grin
grin


dgitrader:
The best time to return Ur funds to the stock market is Feb. 2023 when bubu is expiring. Then u will buy blue chip stocks at crisis prices. For now, keep Ur funds in euro, dollars, tbills, gold and titled virgin lands. Madt country with woeful leadership.
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by banio: 7:46am On Apr 10, 2019
drnelson:
D stocks the buy now


Uba
Unilever
AIICO
Flourmills
Nestle


If you lose money don’t blame me ooo
The Public just lost #5billion.

Every business is MMM.

If you know, you know
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by DexterousOne(m): 7:54am On Apr 10, 2019
dgitrader:
The best time to return Ur funds to the stock market is Feb. 2023 when bubu is expiring. Then u will buy blue chip stocks at crisis prices. For now, keep Ur funds in euro, dollars, tbills, gold and titled virgin lands. Madt country with woeful leadership.
Before the zombies start quoting me. This isn't about Buhari, its a systemic monster whose time has come and cant be curtailed. its centred around nepotism, mediocrity, and feudal destructive agenda.
You have said it all
Re: NSE: Volatility Persists As Equity Market Sheds N5bn by Mgbadike80: 8:50am On Apr 10, 2019
The stock market increased in value in the week before the election because Atiku was expected to win with his business friendly campaign goals but the very moment that INEC started calling doctored results showing that Buhari is winning, the stock market crashed and have continued to crash. It might enter panic mode soon.
1 Reply

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