Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Investors Lose as Bear Returns to Stock Market Equities investors lose about N10 billion on Wednesday as bears returned to the market after a halt to loss-making streaks. The selloffs reversed gain reported as value hunters pull the trigger in a move to reshuffle their respective portfolios amidst yield repricing in the fixed income space. Consequently, the Nigerian Exchange All-Share Index dipped 18.29 basis points to 49,691.17. While the Market Capitalization lost ₦9.87 billion to close at ₦26.80 trillion. Trading data shows that market activities were mixed, as the total volume dipped by 36.92 per cent while the total value…

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