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Stock Exchange index sheds 0.06%

Transactions on the Nigerian Stock Exchange (NSE) on Thursday ended in the negative zone, reversing the three consecutive days gain streaks recorded by the major performance indices. The development saw the market indicators posting marginal loss, dropping by 0.06 per cent due to price loses achieved by some highly capitalised stocks. Consequently, the All-Share Index […]

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Investors appetite for Access, UBA shares raise NSE’s Index by 48.23 points

Transactions at the Nigerian Stock Exchange yesterday showed that investors interest in Access Bank Plc and United Bank for Africa Plc shares raised the All-Share Index of the Exchange by 48.23 points to 27,437.25 from the 27,389.02 of the previous day. Consequently, Access Bank emerged the top traded stock by volume with 65.98million shares worth […]

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NSE market indices record 0.26% growth

The market indices of the Nigerian Stock Exchange (NSE) on Monday recorded marginal growth, appreciating by 0.26 per cent due to marginal gains posted by some blue chips. The News Agency of Nigeria reports that the market capitalisation grew by N23 billion or 0.26 per cent to close at N9.381 trillion against N9.358 trillion achieved on […]

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Nigeria stock market capitalisation loses N49bn

The market capitalisation of the Nigerian equities market on Thursday shed N49 billion, in spite of the 25k interim dividend announced by Zenith Bank for the half-year ended June 30. The News Agency of Nigeria reports that the market capitalisation lost N49 billion or 0.51 per cent, to close at N9.369 trillion, as against the […]

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Stock Exchange forewarns 62 companies

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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Stock Exchange market capitalisation loses N112bn

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 […]

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The Nigerian Stock Exchange (NSE)

Nigerian stock market drops 1.36% to global reaction to Brexit

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 […]

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Forex Trading: NSE started the week with a loss of N163bn

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 […]

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The Nigerian Stock Exchange (NSE)

One Year Under Buhari: Nigerian stock market lost N1.732tn

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 […]

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The Nigerian Stock Exchange (NSE)

Stock market gains N354bn amid new forex policy

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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Stock market loses N35bn over negative GDP growth

The equity market shed N35bn at the close of trading on the floor of the Nigerian Stock Exchange on Monday due to what analysts described as the consequence of the negative growth of the country’s Gross Domestic Product.

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