Equity transactions on the Nigerian Stock Exchange resumed for the week on Monday on a negative note as major blue chips continue to drop price.
Nigerian Stock Exchange
Equity transactions on the Nigerian Stock Exchange on Thursday closed on a negative note with the market indices dropping further by 0.89 per cent.
The News Agency of Nigeria reports that the crucial market indicators appreciated marginally by 0.27 per cent.
Equity transactions on the Nigerian Stock Exchange resumed on Monday on a negative note with market indices dropping marginally by 0.03 per cent.
Trading activities on the Nigerian Stock Exchange sustained a postive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day.
Transactions reopened on the Nigerian Stock Exchange on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent.
Investors on the Nigerian Stock Exchange lost N2.49 trillion or 15.64 per cent between January and July, a development experts attribute to the political uncertainty in the country.
The All-Share Index at the Nigerian Stock Exchange on Wednesday dropped further by 0.60 per cent in spite of July inflation rate figure released by the National Bureau of Statistics.
The market capitalisation lost N40 billion or 0.31 per cent to close at N12.883 trillion compared to N12.923 trillion achieved on Monday.
The News Agency of Nigeria reports that NASD PLC is the promoter of the OTC trading platform that eases secondary market trading of all unlisted securities in the country.