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Nigerian Equities Lose ₦‎671 Billion - Business - Nairaland p3k4u

Nigerian Equities Lose ₦‎671 Billion (963 Views)

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rano1: 1:15pm On Jul 05, 2023
The Nigerian equity market experienced a significant pullback on Tuesday, as investors booked profits after a strong performance in the previous trading day.

The All-Share Index (ASI) closed at 60,715.04 index points, down 1.99% from the 61,949.24 index points it recorded at the end of the previous trading day.

The market value of shares fell by N671 billion, or 1.99%, to N33.06 trillion at the close of trading. This was a significant decline from N33.731 trillion in the previous session.

Source:https://nairametrics.com/2023/07/04/tinubull-turns-to-tinubears-nigerian-equities-lose-n671-billion-following-previous-upswing/

TemplarLandry: 1:16pm On Jul 05, 2023
Shhhhh.
Yorubadirty: 1:17pm On Jul 05, 2023
It will favor me and my family

Helinues

7 Likes 1 Share

astana1: 1:17pm On Jul 05, 2023
The worst is yet to come cheesy cheesy
Opolopoopolonio: 1:17pm On Jul 05, 2023
The Nigerian equity market experienced a significant pullback on Tuesday, as investors booked profits after a strong performance in the previous trading day.

It is bound to happen shocked
TemplarLandry: 1:18pm On Jul 05, 2023
Ok. For you, right?
astana1:
The worst is yet to come cheesy cheesy
Nayturalistic: 1:21pm On Jul 05, 2023
Yorubadirty:
It will favor me and my family

Helinues

And it will not favor you and yours.

Isheee
M4A1carbine: 1:23pm On Jul 05, 2023
Body odour effects.

Propaganda is different from actual workings.
Sophisticated foolishness will collapse that economy
grin

3 Likes

Opanka44(m): 1:24pm On Jul 05, 2023
It will rise again
Evilspirit666: 1:25pm On Jul 05, 2023
What do you expect, when a certified drug lord is leading a country

1 Like

LegendHero(m): 1:26pm On Jul 05, 2023
Lol, this certificate forgery from Anambla don’t know the meaning of Pullback in this context. He thinks it’s all a bad thing.

It’s not uncommon for market to experience pullback after a strong performance. What investors will do is just to sell their holdings and make profit and this will then lead to decline in market prices.

TinuBULL is here to stay. Just like you guys have been praying “May Tinubu tenure favor me and my family”. We need more of those prayers from una, at least that is better than your previous method of cursing Nigeria.
budaatum: 1:26pm On Jul 05, 2023
The bulls haven't given up yet in American markets. Guess they in morning time.

budaatum: 1:31pm On Jul 05, 2023
Bears my ass!

Yorubadirty: 1:32pm On Jul 05, 2023
Nayturalistic:


We are winners and will always be.. say hello to your fellow losers.. losers in all scheme of things.. LOSERS in all ramifications.. disgusting piiggs

It will favor me and my family

1 Like 1 Share

basilo102: 1:34pm On Jul 05, 2023
This is similar to Buhari body language that fixed everything in few weeks only for them to collapse in few months

1 Like 1 Share

basilo102: 1:37pm On Jul 05, 2023
LegendHero:
Lol, this certificate forgery from Anambla don’t know the meaning of Pullback in this context. He thinks it’s all a bad thing.

It’s not uncommon for market to experience pullback after a strong performance. What investors will do is just to sell their holdings and make profit and this will then lead to decline in market prices.

TinuBULL is here to stay. Just like you guys have been praying “May Tinubu tenure favor me and my family”. We need more of those prayers from una, at least that is better than your previous method of cursing Nigeria.
Check the title of the news, it said "lose". If a pullback is no a loss it would have used such word.
LegendHero(m): 1:41pm On Jul 05, 2023
basilo102:

Check the title of the news, it said "lose". If a pullback is no a loss it would have used such word.

Below is the first sentence in the news. Nigeria media use any word they like in their headline to generate traffic. The best way is to read the news itself.


The Nigerian equity market experienced a significant pullback on Tuesday, as investors booked profits after a strong performance in the previous trading day.

1 Like 1 Share

ZKOSOSO(m): 1:45pm On Jul 05, 2023
Hahaha Hahaha yeah man 👨 🤣 😂 😅
ganisucks(f): 1:46pm On Jul 05, 2023
Yorubadirty:
It will favor me and my family

Helinues
This is just wrong. Helinues and co have a right to who they want. You can't expect everyone to have the same view as you. As Dano milk Ad said: Life na highway, me I go stay for my lane.
SpatialKing(m): 1:46pm On Jul 05, 2023
basilo102:
This is similar to Buhari body language that fixed everything in few weeks only for them to collapse in few months
Now is Tinubu's farts doing wonders
ratiani6: 1:47pm On Jul 05, 2023
Awoo. This one carry bad luck come oo
ganisucks(f): 1:49pm On Jul 05, 2023
Nayturalistic:


We are winners and will always be.. say hello to your fellow losers.. losers in all scheme of things.. LOSERS in all ramifications.. disgusting piiggs
Yeah, sure. You won yesterday when Bank of America told Bulaba that they won't give him even one nickel. You guys don't know the disaster that is coming. On the day he's sacked, Nigerians will stone him and his family from Aso rock to the airport, from which he will flee to Paris.
basilo102: 1:50pm On Jul 05, 2023
LegendHero:


Below is the first sentence in the news. Nigeria media use any word they like in their headline to generate traffic. The best way is to read the news itself.


The Nigerian equity market experienced a significant pullback on Tuesday, as investors booked profits after a strong performance in the previous trading day.
Why are people cashing out instead of trading again with their profit? Hunger I guess
Nayturalistic: 1:54pm On Jul 05, 2023
basilo102:

IPOB did what cowards in Ilorin could not do. We love IPOB

Good.. Ilorin only trusted the wrong folk, rhat was their only error.. but you disgusted lots ? Nah.. and as una take de love IPOB na so dem go de continuously flush una family n friends off this earth in IJN.

Enemies of actual progress. We sef don mount everywhere for una.
helinues: 1:59pm On Jul 05, 2023
The Nigerian equity market experienced a significant pullback on Tuesday, as investors booked profits after a strong performance in the previous trading day.

It's confirmed, some people never wish the best for their own country, they will all be shamed by God's grace

Forward ever Nigeria backward never
RenaissanceGuy: 1:59pm On Jul 05, 2023
It's called profit taking, happens all over the world. If you'd a plot of land whose value increases from ₦1m to ₦15m, wouldn't you sell it and go look for another cheaper plot(s) to buy, to continue to make more and more profits??

1 Like 1 Share

MrColdsweat: 2:05pm On Jul 05, 2023
Yorubadirty:


It will favor me and my family
Is this who I think it is?
budaatum: 12:12pm On Jul 06, 2023
ganisucks:

Yeah, sure. You won yesterday when Bank of America told Bulaba that they won't give him even one nickel. You guys don't know the disaster that is coming. On the day he's sacked, Nigerians will stone him and his family from Aso rock to the airport, from which he will flee to Paris.

Oh my gott! That must be the same way Nigerians who had been moaning for 8 years sacked bubu and stoned him and his family from Aso rock to the airport from where he fled to Paris.

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