The stock market will this week see more positive trends with respect to investors’ interest and appreciation, analysts have said. According to Punchng, The market is expected to ride on the back of the recent budget signing and pricing review in the downstream segment of the country’s petroleum industry. Following the significant gains recorded in […]
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A total of 37 firms made the gainers’ list at the close of trading on the floor of the Nigerian Stock Exchange on Thursday. This pushed up the NSE market capitalisation by N81bn. The NSE realised a turnover of N1.491bn from 3,457 deals trading on 261.943 million shares. The market capitalisation advanced to N8.9tn from N8.819tn; […]
Read More The Nigerian capital market on Monday continued its gaining spree two sessions into the signing of the budget into law by President Muhammadu Buhari. The Nigerian Stock Exchange market capaitalisation rose by N44bn to close at N8.884tn from N8.840 at the close of trading on the floor of the Exchange, Punchng report. The market had […]
Read More [T]he market capitalisation of the Nigerian Stock Exchange depreciated by N152bn in the month of April. This means that the value of shares held by investors in the various companies quoted on the Exchange declined by that amount. The market capitalisation, which was N8.773tn as of April 1, 2016, fell to N8.621tn on the last […]
Read More [su_dropcap]T[/su_dropcap]he Nigerian Stock Market(NSE) may sanction 35 companies for failing to meet the deadline for the submission of their audited reports and accounts for the immediate past business year. Post-listing rules at the NSE require quoted companies to submit their earnings’reports, not later than three months after the expiration of the period. Most quoted companies including […]
Read More [su_dropcap]T[/su_dropcap]HE participation of foreign investors in the Nigerian Stock Exchange fell by 15 per cent between January and February this year, data from the NSE showed. The NSE had put the level of participation by the foreigners at 51.57 per cent for January 2016. But the latest data released by the Nigerian bourse showed that […]
Read More The downward trend in the Nigerian stock market is showing no sign of abating any time soon as the market capitalisation has continued to fall, with 10 out of the 12 indices currently on the decline, STANLEY OPARA of Punchng writes The market capitalisation of the Nigerian Stock Exchange fell by N811bn from the first trading […]
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