The Nigerian Stock Exchange (NSE) crucial market indicators opened for the week on Monday with a marginal growth of 0.06 per cent in a cautious trading. The market capitalisation rose by eight billion naira or 0.06 per cent to close at ₦13.637 trillion against ₦13.629 trillion achieved on Friday. Similarly, the All-Share Index, which opened […]
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The volume of dollars traded in the Investors and Exporters, I&E, window rose by 24.2 percent to $29.7 billion in the first half of the year, H1’18, from $23.9 billion traded in 2017. Analysis of trading in the window also revealed that average daily transaction rose to $247.5 million in H1’18 from $170.9 million in […]
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After three days consecutive loss, transactions rebounded on the Nigerian Stock Exchange (NSE) on Thursday following gains posted by Dangote Cement. Consequently, crucial market indices rebounded by 0.65 per cent with the market capitalisation rising by ₦88 billion to close at ₦13.672 trillion against ₦13.584 trillion on Wednesday. Also, the NSE All-Share Index inched 244.15 […]
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Activities on the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday closed on a negative trend, with Nestle Nigeria Plc , and Unilever Nigeria Plc, leading the cream of losers. Nestle Nigeria Plc, a highly capitalised equity, topped the losers’ chart with a loss of ₦10.00 per share to close at ₦1,500 […]
Read More The bearish sentiment persisted on the Nigerian Stock Exchange, NSE on Thursday as declines in market bellwethers pushed the All Share Index (ASI) 0.6% lower to close at 37,733.44 points while Year to Date , YTD loss deteriorated to 1.3%. Loses recorded by Dangote Cement Plc and Guaranty Trust Bank Plc contributed significantly to push […]
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The ₦60 billion Federal Government Bond put on offer yesterday by the Debt Management Office (DMO) was over-subscribed to the tune of ₦6.7 billion, with a total subscription of ₦66.7 billion. The over-subscription was a demonstration of a strong appetite for the federal government bonds by investors. June 2018 Bonds which were auctioned yesterday were […]
Read More Against the backdrop of sustained profit taking, the stock market on Wednesday sustained the previous day bearish sentiments. The market shed 0.06%, extending losing streak to two consecutive days. Market breadth closed negative, recording 12 gainers against 32 losers. In summary, the All Share Index (ASI) was down by 24.61 absolute points, representing a decline […]
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The Nigerian Stock Exchange (NSE) raked in ₦1.71 billion from listing fee in 2017 as against ₦0.81 billion reported in 2016, accounting for a growth of 110 per cent. In a report obtained by correspondent, total income to the group amounted to N8.30 billion, up 86 per cent from 2016. The Chief Executive Officer of […]
Read More Lotus Capital Halal Investments Limited has listed its ₦1.49 billion fixed income fund on the memorandum board of the Nigerian Stock Exchange (NSE), paving the way for the trading of the units on the Exchange. A total of 1.487 million units of Lotus Capital Fixed Income Fund of ₦1, 000 each were listed by way […]
Read More The market capitalisation of equities listed on the Nigerian Stock Exchange continued its downward trend last week, falling by 2.74 per cent at the end of trading. The NSE All-Share Index declined to 37,862.53 basis points from 38,928.02 at the close of trading the previous week while the market capitalisation dipped to ₦13.716 trillion from […]
Read More The stock market extended its decline on Wednesday as 20 companies led by Seplat Petroleum Development Company Plc recorded losses at the close of trading on the Nigerian Stock Exchange. The market capitalisation of equities listed on the NSE dropped to ₦13.984 trillion from ₦14.006 trillion on Tuesday, while the NSE All-Share Index fell by […]
Read More The equities market of the Nigerian Stock Exchange finished lower at the close of trading on Tuesday, after a two-day public holiday. The market capitalisation of listed equities dropped to ₦14.006 trillion from ₦14.101 trillion on Thursday, while the NSE All-Share Index fell by 0.68 per cent to close at 38.664.15 basis points. Thirty-four stocks […]
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