MTN Nigeria Loses N102 Billion In Market Value In 24 Hours - Nairaland / General - Nairaland
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| MTN Nigeria Loses N102 Billion In Market Value In 24 Hours by Worldtopnewsng2: 9:38am On Dec 09, 2022 |
MTN Nigeria Loses N102 Billion In Market Value In 24 Hours case you missed it: Following MTN Nigeria’s loss, the Nigerian Exchange Limited (NGX) ended its four-day winning streak as the benchmark index shed 0.13% to close at 48,365.14 points. Selloffs in telco giant, MTN Nigeria, and other blue chip firms help drive down the market activities. MTN Nigeria dropped by -2.27% while GTCO shed -0.48%, and Lafarge Africa decreased by-0.46%. Consequently, the year-to-date (YTD) return fell to 13.22%, while market capitalization lost N33.42 billion to close at N26.34 trillion. Further analysis of the day’s trading activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 11.20%. https://worldtopnewsng.com/mtn-nigeria-loses-n102-billion-in-market-value-in-24-hours/ |
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