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NEWS

• N150m scam: EFCC may declare Bayelsa Finance Commissioner wanted
• Imo Chief of staff in rice scandal
• Middle-aged widow killed for rituals
• NCC goes tough on vandalisation 
• Army Officer, 10 others die in road crash
• Ebonyi lawmakers move against illegal mining
• Stakeholders back Amaechi's security initiatives
• Teachers cry out over salary diversion
• SEC undergoes overhauling for efficiency 
• My committee has no mandate to conduct party election –Jerry Gana
• Robbers terrorise Abakaliki residents
• Cattle market gets management committee 
• Kogi introduces free medical care for women
• Robbers raid Ilisan Cyber Cafe
• Kidnap saga spreads to Okene 
• Child Rights law due in Cross River
• Flood ravages N500m properties on Varsity campus
• Abia govt implored to beef up security
• NEMA targets modalities for disaster management
• Improve on your performances, Saraki charges teachers
• Varsity VC abduction latest: RUST students, lecturers boycott classes
• Sylva tackles food scarcity
• Nyako moves to check food scarcity
• Fed lawmaker initiates N140m projects for constituency
• Ohakim charges appointees to leave inprints
• Govt to partner with investors on movie industry
• Akwa Ibom lawmakers reject stooges claims
• As the ceiling caves on Mbeki
• Congolese army, rebels in joint mining

Relating Stories
• Shell, Chevron lament militants’ attacks
• FG should declare state of emergency in Real, Agric sectors now —NUFBTE
• Zain eyes 110m subscribers
• Efficient capital market can salvage ailing infrastructures — Udoma
• HARAMBE advocates youth development in agriculture
• John Holt on profitability path
• Market in red: Finance minister pleads with investors
• Market Review

Market Review

Monday 15
Market loses N37b
The market capitalization of the 201 listed equities closed lower, dropping by N37billion or 0.4per cent, from N10.22trillion to last Friday 12, to N10.2trillion. The All-Share Index also slid by 0.4per cent from 48,738.15 to 48.558.63. Investors staked N12.263billion on 572.218million shares in 8,856deals compared with 507.567million shares worth N12.833billion traded on Friday 12 in 7,295deals.

Tuesday 16
Market loses N48b
The market capitalization of the 201 listed equities continued its downward slide as it decreased by N48billion or 0.5per cent from N10.19trillion on Monday 15 to N10.141trillion. The All-Share Index also slid by 0.5per cent down from 48,608.40 on Monday to 48,378.72.

Investors staked N4.4billion on 417,996million shares in 8,389deals. This represented a 27per cent decrease from 572.218million shares valued at N12, 263 billion traded at Monday's close in 8,856deals.

Wednesday17
Market loses N53b
The market capitalization of the 201 equities closed lower for the third consecutive day, sliding by N53billion or 0.5per cent, down from N10.141trillion at Tuesday's close to N10.09trillion.

The All Share Index slipped by 0.5per cent from 48,378.72 on Tuesday to 48,129.93. Investors staked N7.723billion on 821,629 million shares in 8,179 deals. This represented a 96 percent increase in volume over 417.996 million shares valued at n4.4bollion traded on Tuesday in 8,389deals.

Thursday 18
Market loses N51b
The market capitalization of the 201 listed equities declined further by N51billion or 0.5per cent, down from N10.1trillion at Wednesday's close to N10.04trillion. The All Share Index decreased by 0.5per cent from 48,129.23 on Wednesday to 47, 403.80.

Investors staked N5.94billion on 679.238million shares in 11,899 deals. This represents a 17 per cent decrease over the 821,628million shares valued at N7.723billion traded at Wednesday's close in 8,176deals.

FRIDAY 19
Market loses 17b
The market capitalisation of the 201 listed equities suffered further setback when it lost n17billion by the close of transaction of Friday. It dropped from N10.037trillionon Thursday to N10.02trillion, in what could be seen as a further sign of the bearish trend that has gripped the market. The All-Share Index also lost some points dropping from 47,403.80 on Thursday to 47,317.94 points.

Inestrors staked a total of N6billion on 582million shares in 12,178deals.