Tag: stocks

Equity market loses N92bn as stocks tumbles
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Equity market loses N92bn as stocks tumbles

The Nigerian equity market suffered a loss of N92.32 billion on Tuesday, driven by dips in the stocks of the National Salt Company, Thomas Wyatt Nigeria, May and Baker Nigeria, and 16 other companies. The market capitalisation and the all-share index decreased by 0.16 per cent, closing at N56.36 trillion and 99,630.51 points, respectively. This […]

Access Holdings stocks recover after leadership transition
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Access Holdings stocks recover after leadership transition

By Melvin Onwubuke   After a temporary loss of 6.26% on Monday, Access Holdings shares rebounds to positive territory. The temporary decline could be attributed to the demise of the former Group Managing Director, Herbert Wigwe. According to nairametrics, inspite of this, Access Holdings share price has rebounded, recording a gain of 1.29% or 30k […]

Business

Israel-Palestine: Oil prices rise, stocks slide amid regional war fears

Oil prices rallied and global stocks mostly fell Wednesday on fears that the Israel-Hamas conflict could spill over into a regional war after a strike at a Gaza hospital dealt a blow to President Joe Biden’s diplomatic drive. Crude futures briefly vaulted three percent higher as fears grew over broadening unrest that could destabilise the […]

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