Browsing: United Bank for Africa

Bears continue to control the stock market with a loss of N673 billion

Business

The negative trading trend continued to dominate the Nigerian exchange on Wednesday, resulting in a N673 billion decrease in the wealth of investors. During the middle of the week's trading, the All-Share Index dropped by 1.20 percent or 1,190.24 points to 98,121.30, further reducing the year-to-date return to 31.22 percent. Similarly, the market capitalisation of listed equities decreased by […]