The NSE market capitalisation advanced by N52bn at the close of trading on the Exchange’s floor on Wednesday after recording losses of various degree on 21 stocks. The market capitalisation appreciated to N9.418tn from N9.366tn recorded on Tuesday; the NSE All-Share Index also rose to 27,421.83 basis points from 27,272.14 basis points. A total of […]
Read More Authorities at the Nigerian Stock Exchange (NSE) have placed 62 companies under caveat with various tags, drawing investors’ attention to underlying inadequacies in their operations. In a report by NSE showing the list of companies marked out for corporate governance issues indicated that the 62 firms have subsisting deficiencies, representing about 35 per cent of the […]
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The Nigerian equity market on Friday ended on a negative note with the market capitalisation dropping by N112 billion due to huge losses by some highly-capitalised stocks. The market capitalisation which opened at N9.531 trillion shed N112 billion or 1.17 per cent, to close at N9.419 trillion. Also, the All-Share Index dipped 325.48 points or […]
Read More Nigerian equity market for the fifth consecutive day extended down trend with the market capitalisation losing N116 billion due to price loses posted by major blue chips. The market capitalisation on Friday shed N116 billion or 1.21 per cent to close at N9.499 trillion against N9.615 trillion recorded on Thursday. In the same vein, the […]
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The Nigerian Stock Exchange market capitalisation has dropped again from the N10tn mark as the prices of 31 stocks plummeted causing the NSE All-Share Index to drop by 1.02 per cent. In a report by Punchng, the market recorded a loss of N104bn in its market capitalisation as Skye Bank Plc, Honeywell Flour Mill Plc, […]
Read More Trading on the Nigerian Stock Exchange (NSE), on Friday, ended on a negative note, halting a three-day rally due to profit taking and exit of Britain from European Union (EU). The News Agency of Nigeria, reports that the market capitalisation lost N145 billion or 1.36 per cent to close at N10.526 trillion against N10.671 trillion […]
Read More The stock market started the week with a loss of N163bn in market capitalisation at the close of trading on the floor of the Nigerian Stock Exchange on Monday. In a reports by Punchng, A total of 33 losers emerged, with Ecobank Transnational Incorporated Plc, Nigerian Breweries Plc, Nigerian Aviation Handling Company Plc, PZ Cussons […]
Read More The Nigerian stock market crashed by N1.732tn within one year of the President Muhammadu Buhari-led Federal Government. Data from the Nigerian Stock Exchange showed that the NSE market capitalisation on May 28, 2015 was N11.658tn, while that of May 27, 2016 was N9.926tn, According to Punchng. Market capitalisation is the total market value of the shares outstanding […]
Read More The Nigerian Stock Exchange All-Share Index on Wednesday posted the biggest return since the beginning of this year, as investors reacted positively to the Central Bank of Nigeria’s Monetary Policy Committee’s decision to allow a flexible foreign exchange regime. The market capitalisation appreciated by N354bn to close at N9.706tn from N9.352tn on Tuesday, while the […]
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