Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,206,502 members, 7,995,947 topics. Date: Wednesday, 06 November 2024 at 06:28 PM

Nse Update For 19th December 2016 - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Nse Update For 19th December 2016 (321 Views)

Exit Of 109 Companies From NSE Causes Anxiety / Nigeria: Investors lose N17b in 4 days,as NSE set to accelerate Islamic finance / MTN Nigeria Gains N184b On First Day Of Trading On The NSE (2) (3) (4)

(1) (Reply)

Nse Update For 19th December 2016 by edewojames(m): 12:04am On Dec 20, 2016
The Exchange resume today after a peaceful weekend with the following indicies.

ASI 26,707.10
DEALS 3,387.00
VOLUME 874,335,397.00
VALUE 4,386,021,380.53
CAP 9,189,282,485,678.17


At the close of today's market trades, the following market barometer was made available.

ASI 26,586.56
DEALS 2,789.00
VOLUME 262,897,414.00
VALUE 1,747,930,948.07
CAP 9,147,806,552,684.52


The Market capitalisation and the All Share Index decline by marginally by a similar percentage of 0.45 percent approximately. The ASI falls by 120.54 basis point. Also, the volume and value of equities traded in the exchange fall drastically to 262,897,414.00 and N1,747,930,948.07 respectively in 2,789 deals.

This is opposed to last week figures where the Market Capitalization increases continuously day by day. As per last week, it was predicted that a percentage of investors are selling their shares so as to meet up the expenses of the holidays coming soon. However, other investors were buying this shares. But the market behaviour changes this week starting

Read More here
http://www.myfinancein.com/2016/12/nse-update-for-19th-december-2016.html

(1) (Reply)

A Nairalander Needs Your Help.....come To His Aid / Contact The Experts For Your Choice Interlocking / Digital Display Advertising

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.