Equities listed on the Nigerian Stock Exchange opened the year on a negative note as investors lost ₦134.4 billion at the close of trading on Wednesday, the first trading day of the year. The market capitalisation of equities listed on the Exchange dropped from ₦11.720 trillion on December 31, 2018, to ₦11.586 trillion on January […]
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Activities resumed for the year on the Nigerian Stock Exchange, NSE, on a bearish note with the All-Share Index dropping by 1.15 per cent. Reports have it that the index which opened at 31,430.50 shed 360.44 points or 1.15 per cent to close at 31,070.06 due to losses by some highly capitalised stocks. Also, the […]
Read More Trading on the Nigerian Stock Exchange (NSE) maintained a negative trend, with the market capitalisation shedding ₦239 billion, mixed sentiments ahead of the end of the year with window dressing by fund managers. Reports have it that the market capitalisation, which opened at ₦11.576 trillion lost ₦239 billion or 2.07 per cent to close at […]
Read More Activities on the Nigerian Stock Exchange (NSE) resumed on Thursday on a downward trend after a two-day holiday to observe Christmas and Boxing Day celebrations. The crucial market indices declined by 0.86 per cent. Specifically, the All-Share Index lost 274.38 points or 0.86 per cent to close at 31,692.63 compared with 31,967.01 on Monday. Also, […]
Read More The nation’s equities market lost ₦39.89 billion on Wednesday as the gains recorded in the previous session were pared. The market capitalisation, which stood at ₦11.255 trillion on Tuesday, dropped to ₦11.215 trillion on Wednesday, while the All Share Index of the Nigerian Stock Exchange declined by 0.35 per cent to settle at 30,704.98 basis […]
Read More The nation’s stock market witnessed a rebound on Tuesday as the market capitalisation of listed equities increased by ₦74.93 billion. The market capitalisation rose to ₦11.255 trillion on Tuesday from ₦11.180 trillion on Monday, while the All Share Index gained 0.67 per cent to settle at 30,814.19 basis points. Analysts at Afrinvest Securities Limited attributed […]
Read More Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed ₦26.5 billion to be at ₦11.18 trillion. The decline, which is contrary to a growth of 0.34 per cent last Friday, […]
Read More It was another week of negative performance at the stock market as the Nigerian Stock Exchange (NSE) All-Share Index went down further by 0.63 per cent to close at 30,672.79, while market capitalisation depreciated by 0.58 per cent to close at ₦11.204 trillion. Year-to-date the index has declined by 19.8 per cent. The negative performance […]
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The Nigerian Stock Exchange, NSE, has announced winners of the 2018 NSE CEO Awards at a ceremony held at the Stock Exchange House in Lagos. Initiated in 2012, the NSE CEO Awards is designed to reward and motivate listed companies, dealing member firms, fund managers and issuing houses to attain higher levels of corporate governance, […]
Read More Activities closed for the week on the Nigerian Stock Exchange (NSE) on a positive trend following gains recorded by some highly capitalised stocks after two consecutive days losses. Specifically, Seplat led the gainers’ table, gaining ₦54 to close at ₦594 per share. It was followed by Nigerian Breweries with ₦3.50 to close at ₦79.50, while […]
Read More Investors staked ₦11.192 billion on 1.107 billion shares in 14,430 deals at the stock market last week even as the market recorded a marginal decline. The amount was, however, lower than the ₦14.277 billion invested in 1.199 billion shares exchanged in 15,841 deals the preceding week. The market had ended the month of November with […]
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For the second year running, Forte Oil, with majority shares held by billionaire Femi Otedola, maintained its leadership from the rear as the worst performing stock on the Nigerian Stock Exchange (NSE) in 2017 in percentage terms. Statistics obtained by the News Agency of Nigeria (NAN) from the exchange indicated that the stock, which opened […]
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