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, […]
Read More Sentiments by investors remained bearish in the equity market, as the Nigerian Stock Exchange, All Share Index, ASI dropped further by 0.31 percent to close at 35,288.23 points, amidst continued selloffs. Accordingly, investors lost ₦40.5 billion as the market capitalisation dropped by 0.35 percent to ₦12.9 trillion. The market capitalisation had on Monday depreciated by […]
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Transactions in the equities market on the Nigerian Stock Exchange, NSE on Tuesday remained bearish, as the All Share Index, ASI shed 0.40 percent to close at 36,333.80 points, amidst sell pressure in value stocks. The dip in NSE Index was aided by losses in five premium stocks (UBA, Zenith Bank, Access Bank, Lafarge and […]
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Following sell-offs recorded by Industrial goods stocks, trading at the floor of the Nigerian Stock Exchange (NSE) opened the week on a negative note as the All Share Index (ASI) dropped by 0.12 per cent to close at 40,763.93 points. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -1.78 and 6.59 per cent respectively even […]
Read More Equities trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, reversed its previous loss of 0.33 per cent as the All Share Index (ASI) was up by 0.51 per cent, on the back of gains recorded by FCMB and Skye Bank , to close at 43,119 points. At the close of trading, the […]
Read More Amidst positive forecast made by capital market analysts for 2018, trading on the floor of the Nigerian Stock Exchange, NSE, on Wednesday went southward as the All Share Index (ASI) fell by 0.20 per cent. The broad index shed 77.51 points to close at 38,187.28 points from 38,264.79 points while equity capitalization shed ₦28 billion […]
Read More The Nigerian equities market rebounded from a five-day losing streak on Wednesday as the All-Share Index rose by 0.6 per cent to close at 35,609.07 basis points. The year-to-date return advanced to 32.5 per cent as 281.836 million shares worth ₦5.424bn exchanged hands in 4,066 deals. Investors gained ₦70.7bn as the Nigerian Stock Exchange market […]
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Equities on the domestic bourse ended the last trading day of July with an over-hang of Friday’s decline as the NSE All Share Index (ASI), the key benchmark index dropping 2.77 per cent to settle at 35,844 basis points. This was so because market capitalisation dropped by ₦352 billion to ₦12.354 trillion as heavy profit […]
Read More The Nigerian stock market entered its 11th successive gain buoyed by strong 2.19 rebound by the industrial and the banking sector as the All Share Index rose by 0.54 per cent to close at 33,695.83 points. Investors positive sentiment attributed to Skye Bank’s announcement on Tuesday of a fresh recapitalisation programme, submission of 2016 earnings […]
Read More The Nigerian Stock market All Shares Index (ASI) rose by 1.67 per cent to close at 32,657.30 points to lift market capitalisation to ₦11.29 trillion at the close of Wednesday’s session, stating a strong start for the final trading week of June This comes as financial markets across the country resumed from the two-day Eid-al-Fitri […]
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