Nigerian Stock Exchange Watch: Banking Sub-Sector Profit Takers Cause ASI (-0.9%) Dip
The Nigerian Stock Exchange Watch dipped in today’s session as a result of the activities of profit takers on the banking sector. Some speculators were in the mood to turn some of their big gains into cool cash.
As a result most top-tier and mid-tier bank stocks declined. UBA (+0.88) was the only top tier stock in the green. Zenith (-6.19%), Access (-3.66%), GTBank (-3.93%) and FBN Holding (-2.67%) were in the negative.
Stanbic (+3.59%), Fidelity (+2.55%) and Diamond (+1.05%) were all in the positive.
Over 407 million shares valued at N3.5 billion were traded.
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First BankOn June 25, 2018 I woke up to yet...
- June 26, 2018
-
Azman Air commences flight operation in SokotoAzman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
-
NRC increases Lagos goods trains, eyes fuel haulageThe Nigerian Railway Corporation says it has increased its...
- June 23, 2016
