The Nigerian equities market extended its negative performance last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) declined further by 2.12 per cent to close at 31,827.24. Similarly, market capitalisation fell by same margin to close at N11.869 trillion. Last week’s decline was worse than the 0.61 per cent of the previous week. […]
Read More The Nigerian stock market sustained its positive performance last week as foreign and domestic investors as investors played down election risk. Having appreciated 2.9 per cent the previous week, the market rose further last week, returning 3.7 per cent. Specifically, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated to 32,715.20, while market capitalisation added […]
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After one day of negative performance the stock market rebounded yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) gained 0.12 per cent to close at 32,453.69 compared with a decline of 15 per cent. Market capitalisation added ₦14.0 billion to close at ₦12.1 trillion. The market had on Wednesday depreciated due to profit […]
Read More The Nigerian Stock Exchange (NSE) All-Share Index (ASI) nudged 0.46 per cent higher to close at 30,878.56 yesterday compared with a marginal rise the previous day as gains by banking stocks sustained the positive performance of the market. Similarly, market capitalisation inched up by₦52.8 billion to close at 11.51 trillion. The bulls were in total […]
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The persistent sell-offs in bellwether stocks pushed the nation’s equities market to 20 months low as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell below 30,000 mark to close at 29,830.70 last week. After losing 1.2 per cent the first week of 2019, the market declined further in the second week, going down by […]
Read More The trading of equities on the Nigerian Stock Exchange, NSE on Thursday extended its losses witnessed yesterday as major market indicator, All Share Index, ASI dropped by 1.0 percent following selloffs in the shares of some blue chip companies. Specifically, losses recorded by GTBank, Stanbic IBTC and Zenith Bank (-4.5 percent), ( -4.1 percent) and( […]
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 […]
Read More The equities market on the Nigerian Stock Exchange, NSE started the week (Monday) on a negative note, as the All Share Index, ASI fell by 0.2 percent to close at 32,143.41 points, owing to sell pressure in banking stocks. Accordingly, the Month-to-Date and Year-to-Date losses increased to 0.99 percent and 15.95 percent, respectively. The Banking […]
Read More The Nigerian equities market recorded a positive performance last week as it recovered part of the losses suffered the preceding week. The development followed renewed buy interest in bellwether stocks, which led to the Nigerian Stock Exchange All-Share Index (NSE ASI) rising 0.23 per cent to close at 32,200.21, compared to a decline of 2.38 […]
Read More 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 The persistent bear run pushed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 5.9 per cent in September as investors continued to watch activities in the political environment. The NSE ASI, which measures the aggregate value of the nation’s stock market, fell from 34,848.45 at the beginning of the month to 32,766.37 last […]
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