Nigerian stocks shrink further as sell pressure weighs on banks' shares

Nigeria News News

Nigerian stocks shrink further as sell pressure weighs on banks' shares
Nigeria Latest News,Nigeria Headlines
  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 78%

The index is down by 3.67 per cent year to date.

Capital Hotel led gainers, appreciating by 9.85 per cent to close at N2.90. Oando went up 9.81 per cent to N5.26. BOC Gases rose to N9.20, notching up 8.88 per cent.

FTN Cocoa added 8.16 per cent to end trade at N0.53. Livestock completed the top 5, climbing by 4.80 per cent to N2.40.Tripple Gee was the worst performing stock, declining by 10 per cent to close at N0.90. Consolidated Hallmark shed 10 per cent to close at N0.54. Pharma Deko fell to N1.09, losing 9.92 per cent. Regal Insurance slid to N0.41, recording 6.82 per cent depreciation. Eterna closed at N7.10, going down by 6.58 per cent.Altogether, 237.510 million shares estimated at N1.

Oando was the most active stock with 44.290 million units of its shares worth N232.963 million traded in 417 deals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian stocks climb further but partial profit-taking dampens gainsNigerian stocks climb further but partial profit-taking dampens gainsMuch as there is great expectation of more corporate reports, investors are paying attention to the ongoing meeting of the central bank’s monetary policy committee.
Read more »

BREAKING: CBN bans sales of forex to BDCsBREAKING: CBN bans sales of forex to BDCsThe regulator will henceforth sell dollars and other foreign currencies directly to commercial banks, which have been mandated to sell to Nigerians.
Read more »

Nigerian leaders putting pressure on Benin Republic to jail Ighoho – Yoruba group allegesNigerian leaders putting pressure on Benin Republic to jail Ighoho – Yoruba group allegesA Yoruba self-determination group, Yoruba Koya Liberation Movement (YKLM), has warned President Muhammadu Buhari, the Minister of Justice and Attorney
Read more »

Nigerian stocks end five-day rise on investors hunting recently accumulated gainsNigerian stocks end five-day rise on investors hunting recently accumulated gainsThe all-share index edged down by 46.93 basis points to 38,802.12 and market capitalisation to N20.2 trillion.
Read more »

NCC To Strengthen Judicial Collaboration In Tackling Telecoms Service ChallengesNCC To Strengthen Judicial Collaboration In Tackling Telecoms Service ChallengesIn a bid to further protect telecoms infrastructure in the country, the Nigerian Communications Commission (NCC) has restated its commitment to continue
Read more »

Breaking: CBN Suspends FOREX Allocation to BDCsBreaking: CBN Suspends FOREX Allocation to BDCsHalts further processing of BDCs’ application for FOREX, licensing of operators FOREX sale now to be conducted by banks Retains interest rate at 11.5% By James Emejo The Governor of the Centr…
Read more »



Render Time: 2025-04-06 03:41:12