Equities

Traders work at the Nigerian Stock Exchange in Lagos

Equities for first trading in December begins on a bearish note

The Nigerian Stock Exchange (NSE) began the first trading in the month of December on a bearish note as All Share Index closed at 30,798.76 basis points, down 0.24 percent following sell-offs across major sectors. Consequently, the Year-to-Date, YtD loss amplified to -19.47 percent. Among sectoral Indices, the Insurance (-4.51 percent) Index posted the heaviest […]

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Traders work at the Nigerian Stock Exchange in Lagos

Investors’ sell-offs drags market index down by 0.2 pct

The equities market on the Nigerian Stock Exchange, NSE started the week (Monday) on a negative note, as the All Share Index, ASI fell by 0.2 percent to close at 32,143.41 points, owing to sell pressure in banking stocks. Accordingly, the Month-to-Date and Year-to-Date losses increased to 0.99 percent and 15.95 percent, respectively. The Banking […]

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Traders work at the Nigerian Stock Exchange in Lagos

Equity market records positive performance as ₦27bn recovered

The Nigerian equities market recorded a positive performance last week as it recovered part of the losses suffered the preceding week. The development followed renewed buy interest in bellwether stocks, which led to the Nigerian Stock Exchange All-Share Index (NSE ASI) rising 0.23 per cent to close at 32,200.21, compared to a decline of 2.38 […]

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Traders work at the Nigerian Stock Exchange in Lagos

NSE ASI rises by 0.23-pct as equities faces rebounds

The Nigerian equities market rebounded last week on bargain hunting in bellwether stocks. Consequently, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rising 0.23 per cent to close at 32,456.98. The positive performance of the Nigerian bourse is encouraging considering the fact the market global equities markets closed negatively. For instance, in Europe and Asia, […]

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Traders work at the Nigerian Stock Exchange in Lagos

Analysts urge investors to take opportunity as equities face free-fall

As the Nigerian equities market continued with its free fall hitting a 52-week low last week, investment analysts have advised investors to see the low prices as an opportunity to increase their portfolio. The Nigerian market, which started the year on a bullish note, entered a bearish mode in February and has remained largely bearish […]

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Traders work at the Nigerian Stock Exchange in Lagos

With weak appetite for bonds, foreign investors embrace Treasury Bills

Nigeria’s investment climate recorded a mixed performance in the month of August in line with global trends. A review of the different segments of the markets where investors staked their funds showed that foreign investors have continued to dump the FGN Bond as a result of persisting risk-off sentiments across emerging markets. Nevertheless, the best […]

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Traders work at the Nigerian Stock Exchange in Lagos

NSE equities drop 5.9 pct in August, negative sentiments may persist

The Nigerian equities market recorded a decline of 5.86 per cent in the month of August reflecting prevailing negative investors’ sentiments. About 1.63 per cent of the decline was recorded last week as the Nigerian Stock Exchange All-Share Index (NSE ASI) closed lower at 34,848.45. Although trading has been bearish over the past few months […]

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Traders work at the Nigerian Stock Exchange in Lagos

Equities closes negative on four consecutive session, ASI down by 0.09%

The equities market on the Nigerian Stock Exchange, NSE closed negative for the fourth consecutive session on Wednesday with the All Share Index, ASI dropping 0.09 percent to close at 36,299.82 points. This bearish market was attributed to selloffs that ensued across all major sectors, with the Month-to-Date, MtD and Year-to-Date, YtD losses increasing further […]

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H2’18 Investors’ advisory: Partisan horse trading worsens equities outlook

As the first half/ third quarter corporate earnings season peaks and the shape of equities’ fortunes at year end begin to emerge we present again the last series in the batch of investors’ guide to stock pick and overall portfolio positioning. This section is taken from the reports of analysts at Cardinalstone Partners Limited, a […]

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Traders work at the Nigerian Stock Exchange in Lagos

Equities fall by ₦457 billion in July amid bearish sentiments

The market capitalisation of equities listed on the Nigerian Stock Exchange fell by ₦457 billion in July as bearish sentiments continued to put pressure on the bourse’s performance. The nation’s stock market has been wobbling in recent months, with the market capitalisation losing ₦1.146 trillion in May as it fell to ₦13.802 trillion. The market […]

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Excess liquidity to persist in interbank due to inflow of ₦1trn TBs

The excess liquidity prevailing in the interbank money market will persist this week due to inflows of over ₦1 trillion expected from matured treasury bills and statutory allocation to the three tiers of government. The Federation Accounts Allocation Committee, FAAC, meeting held on Friday ended with the three tiers of government sharing ₦821 billion as […]

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Nigeria Stock Exchange Market

Industrial, Banking, Consumers Goods stocks lift NSE Index by 65 bases points

The Nigerian equities market, on Thursday rose by 65 bases points, bps on renewed bargain hunting activity with the Nigerian Stock Exchange, NSE recording 23 gainers against 20 losers. At the end of trades, the Year to date, YtD loss of the NSE All Share Index decreased to 1.30 percent while market capitalisation increased by […]

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