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Coronavirus: Stock Market Loses N308 Billion On The Nigerian Stock Exchange - Business - Nairaland

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Coronavirus: Stock Market Loses N308 Billion On The Nigerian Stock Exchange by Akron965(m): 12:36am On Feb 29, 2020
http://www.DLBNewsonline.com/

Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and Algeria.

The News Agency of Nigeria (NAN) reports that the panic mood affected trading on the exchange with the market recording only two gainers against 41 losers.

Consequently, the market capitalization lost N308 billion, representing a loss of 2.21 per cent in about six hours to close at N13.657 trillion against N13.965 trillion on Thursday.

Also, the All-Share Index which opened at 26,808.24 shed 591.78 points or 2.21 per cent to close at 26,216.46.

Commenting on the development, Ambrose Omordion, Chief Operating Officer, InvestData Ltd., said the Coronavirus.... (continue reading) http://www.dlbnewsonline.com/dlb-news/coronavirus-market-capitalization-loses-n308-billion-on-the-nigerian-stock-exchange

http://www.DLBNewsonline.com/

Re: Coronavirus: Stock Market Loses N308 Billion On The Nigerian Stock Exchange by meum: 2:31am On Feb 29, 2020
In less than 24hrs
Re: Coronavirus: Stock Market Loses N308 Billion On The Nigerian Stock Exchange by helinues: 4:46am On Feb 29, 2020
Repeat of 2008 economy crisis loading.

This Coronavirus might be artificial.. This ones that the affected countries are budgeting billion of dollars just for the virus raised some concerns.

One man trouble is another man cash out

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