…extending the previous session's losses as profit-taking in selected stocks weighed on market performance.The benchmark NGX All-Share Index (ASI) fell by 0.07% to close at 244,956.94 points, down from 245,116.49 points recorded on Wednesday. Consequently, market capitalisation declined by approximately N103.60 billion,…
…are necessary to strengthen capital bases, improve technological capacity and enhance market performance, they should not come at the expense of workers’ rights, job security, fair wages, career development and respect for decent work. “Young workers, who represent the future of the industry, face a number of challenge…
…sessions amounted to N5.45 trillion, wiping out previous gains in the market. Thursday’s market performance The market extended its bearish run on Thursday as investors lost N440 billion, driven by continued profit-taking in large- and mid-cap stocks. Market capitalisation declined by 0.30 per cent, or N440 billion, fr…
…said: “The 70.5 per cent concentration is significant because it shows that the headline market performance is being driven by a relatively small number of large companies. Investors, therefore need to look beyond the All-Share Index and examine individual stocks, earnings and valuations.” The analyst noted that the di…
…among young people and regional differences continue to weigh on its overall labour-market performance. Greece has also made progress following its prolonged economic crisis. Tourism remains a major employer, although unemployment and youth joblessness remain concerns. Italy continues to record one of the EU’s lowest e…
…will not trigger a price movement. Although the new rules are yet to materially impact market performance, many market participants believe they could become a significant factor in price discovery and the determination of share prices going forward.
…that has persisted throughout the week. Among the stocks that weighed heavily on market performance were the FUGAZ banks and four others, including: NAHCO (-10.00%) GTCO (-9.97%) FIRSTHOLDCO (-9.84%) ZENITHBANK (-4.76%) WAPCO (-4.52%) UBA (-2.23%) ACCESSCORP (-0.87%) DANGSUGAR (-0.40%), and NGXGROUP (-0.16%) The negati…