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 […]
Read More Stocks on Nigerian Stock Exchange (NSE) extended their losing streak on Thursday following mixed second quarter earnings of companies and anxiety over 2019 general elections. The NSE All-Share Index shed 67.16 points or 0.19 per cent to stand at 36,232.66 from the 36,299.82 posted on Wednesday. Index has fallen by 5.26 per cent year to […]
Read More 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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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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The nation’s stock market extended its decline yesterday, Monday as 25 companies, led by Ikeja Hotel Plc, recorded losses at the end of trading. The market capitalisation of listed equities fell slightly to ₦13.315 trillion while the All Share Index of the Nigerian Stock Exchange closed at 36,479.42 basis points. Twenty-one stocks appreciated at the […]
Read More Trading of shares on the Nigerian Stock Exchange, NSE Friday recorded 28 losers against 18 gainers with the All Share Index down by 52 bases points, bps amid renewed profit taking activity by investors. Guaranty Trust Bank, GTBank, United Bank for Africa, UBA, Okomu Oil and Flour Mill of Nigeria shares dragged down the NSE […]
Read More The trading of equities on the Nigerian Stock Exchange, NSE closed higher on Thursday as it gained 0.21 percent, reversing Wednesday’s negative sentiment, just as Notore Chemical Industries Plc listed 1.612 billion shares on the Exchange. The growth in the market was aided by buy sentiment in the major Banking stocks, among others. Market breadth […]
Read More The nation’s benchmark stock index fell the most in six weeks on Wednesday, as earnings from some of the biggest companies proved disappointing and some investors opted to move money out of equities. The All Share Index of the Nigerian Stock Exchange dropped by 1.1 per cent, the most since June 21, while the market […]
Read More 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 […]
Read More The Nigerian Stock Exchange said on Monday that it had lifted the suspension of trading in the shares of Universal Insurance Plc. The NSE said the company, which was one of the eight companies suspended early this month, had submitted its audited financial statement for the year ended December 31, 2017. It said, “In view […]
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Activities in the equities market remained bearish, as the All Share Index dipped further, by 0.81 percent, to 36,963.70 points, amidst still negative sentiments. As a result, the Year-to-Date, YtD and Month-to-Date, M tD returns moderated to -3.35 percent and -3.43percent, respectively. All sector indices – Industrial Goods (-2.36 percent), Oil & Gas (-1.31 percent), […]
Read More The negative performance of the Nigerian Stock Exchange, NSE on Monday dragged the NSE All Share Index (ASI) by 0.3% to close at 37,266.86 points while Year to Date, YtD loss worsened to 2.6%. The depreciation recorded in the share prices of some highly capitalised companies such as GT Bank, Zenith Bank, Access Bank, UBA, […]
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