Stock market down 0.05% on profit-taking in UACN, 22 others

The stock market declined by 0.05% due to profit-taking in UACN and 22 other stocks.

The Nigerian stock market recorded a marginal decline of 0.05% on Wednesday, driven by profit-taking activities in UACN shares and 22 other companies. This slight downturn comes amid ongoing trading sessions where investors opted to realize gains. No further details on the specific impact or broader market capitalization were available from the reports. The event highlights typical market fluctuations influenced by investor behavior.

Relaterede artikler

Celebratory scene at Nigerian Stock Exchange as market cap reaches N100 trillion milestone.
Billede genereret af AI

Nigerian stock market capitalization hits N100trn on reforms

Rapporteret af AI Billede genereret af AI

The Nigerian stock market has reached a capitalization of N100 trillion, driven by reforms and collaboration. This milestone highlights strong performance in 2025 for the nation's financial markets.

The Nigerian stock market declined by N557 billion due to profit-taking in Lafarge and 38 other stocks. This downturn reflects investors securing gains amid market fluctuations.

Rapporteret af AI

The Nigerian stock market rose by 0.42% driven by investor interest in BUA Foods shares. This gain reflects optimism in the food sector amid broader market activities.

South Korean shares opened more than 3 percent lower on Wednesday, November 5, 2025, tracking an overnight slump on Wall Street driven by concerns over lofty stock valuations and an AI bubble. The benchmark KOSPI fell 135.79 points, or 3.29 percent, to 3,985.59 in the first 15 minutes of trading, retreating below the 4,000 mark. This followed a strong run, including breaching 4,200 just days earlier.

Rapporteret af AI

Japan’s Nikkei share average fell for a fifth straight session as global trade frictions dampened risk sentiment, while government bonds rebounded after a sharp drop the previous day. Prime Minister Sanae Takaichi’s call for a snap election on Monday heightened concerns over the nation’s fragile finances.

South Korean stocks continued to decline on December 16, extending a pullback from December 15, as concerns over AI sector valuations resurfaced following the earlier weekly recovery. The KOSPI fell 1.75 percent to 4,019.05 amid caution ahead of key U.S. economic data.

Rapporteret af AI

Seoul shares closed higher Friday as investors regained confidence in the artificial intelligence sector, boosted by slower-than-expected U.S. inflation data. The local currency also strengthened slightly against the dollar.

 

 

 

Dette websted bruger cookies

Vi bruger cookies til analyse for at forbedre vores side. Læs vores privatlivspolitik for mere information.
Afvis