Market decline

Stock market decline by N71bnon Profit taking in Seplat, NB, others

Kayode Tokede Profit taking by investors in Seplat Energy Plc, Nigerian Breweries Plc, MRS Oil Nigeria Plc, Ecobank Transnational Incorporated (ETI), among others, caused the Nigerian Exchange Limited (NGX) stock market to fall by 71 billion naira yesterday. . Yesterday, the Seplat Energy share price fell 3.6% while Nigerian Breweries Plc and ETI depreciated by […]

Market decline

Over $ 1,200,000,000 in stablecoins deposited on exchanges amid declining crypto market – Santiment analytics firm

“The largest hour-long influx of Tether to the exchanges of the entire year occurred on Thursday. At 8 a.m. UTC, more than 771.6 million USDT was transferred to the exchanges. Then, just 6 hours later, 454 million USDC was then transferred to the exchanges, a 4-month high in itself. ”The company told its 110,000 Twitter […]

Market decline

Stock market decline by N18 billion Profit taking in Total, GTCO, FBN Holdings

Kayode Tokede Bearish sentiments dominated the Nigerian Exchange Limited (NGX) stock market last week, as the market posted losses in four of five trading sessions as a result of investor profit-taking activity. Notably, profit taking in Total, Guaranty Trust Bank Plc (GTCO), FBN Holdings Plc and Nigerian Breweries Plc resulted in the weekly loss of […]

Market decline

Decline of the Tesco Bucks market; Grocery inflation on the rise

The latest figures from Kantar show that take-out grocery sales fell 1.9% in the 12 weeks leading up to Oct. 31, though they are still 7.3% higher than pre-Kantar levels. pandemic in 2019. The data suggests that the buying habits established during the crisis are starting to settle at a new base. The general trend […]

Market decline

Sharp drop in fleet sales drives down new car market

Dated: 04 November 2021 | Author: Sean keywood The UK new car market fell for the fourth consecutive month in October, mainly due to the drop in fleet sales. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) show that fleet registrations are down 40.4% from October 2020, while company registrations, classified […]

Market decline

Pig Farmers Fear Dropping Pricey Animal Feed Market

Farmers across the country fear pork production could face a further decline due to expensive feeds weighing on pig farming. Farmers in Nakuru County say the sharp increase in animal feed is to blame for their predicament which has seen the market face further decline after the impact of COVID-19 on the hospitality industry saw […]

Market decline

Iranian stock market decline shows unease over nuclear talks

Another major drop in the Iranian stock market on Sunday highlighted the precarious state of the economy amid uncertainty over the future of nuclear talks. Tehran’s stock index fell about 30,000 points, taking it to nearly 1.2 million points, from more than 1.4 million in early August when President Ebrahim Raisi (Raeesi) took office promising […]

Market decline

Strong results help limit decline in European stock markets

European companies, including recruiter Randstad, household products giant Unilever and truck maker Volvo, reported better-than-expected results on Thursday, helping to limit the decline in markets. The Stoxx Europe 600 SXXP, + 0.63% slipped 0.2%, inspired by weakness in US ES00 equity futures, + 0.04%. Unilever ULVR, + 0.48% Shares climbed 2% after posting underlying sales […]

Market decline

Westchester Residential Market: Inventory Declining, But No Slowing Demand

The local residential real estate market has seen such a boom that its strength was deemed unbearable in the latest Q3 2021 report from the Hudson Gateway Association of Realtors. “With the exception of the second quarter of 2020, the real estate market has been an anomaly outperforming the economy,” HGAR said. “Sales and prices […]