The stock market declined by marginal 0.02 per cent Wednesday despite higher number of price gainers. Although a total of 24 stocks appreciated, the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.02 per cent to close at 32,375.12. Market capitalisation shed ₦2.1 billion to close lower at ₦11.8 trillion. Profit taking in International Breweries […]
Read More 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 […]
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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 […]
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 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 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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Equities trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, reversed its previous loss of 0.33 per cent as the All Share Index (ASI) was up by 0.51 per cent, on the back of gains recorded by FCMB and Skye Bank , to close at 43,119 points. At the close of trading, the […]
Read More Activities on the Nigerian Stock Exchange (NSE) on Wednesday sustained positive growth with the All-Share Index improved further by 0.25 per cent. The index rose by 91.23 points or 0.25 per cent to close at 36,622.85 compared with 36,531.62 achieved on Tuesday. In the same vein, the market capitalisation which opened at ₦12.574 trillion inched […]
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The Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyema, said that informed investors and players in the Nigerian capital market were not surprised that the country exited recession in the second quarter of this year because market data gave the signals. While the national economy relapsed into recession in Q2, 2016 with a […]
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At the close of trading on Wednesday, the Nigerian Stock Exchange All-Share Index gained 0.15 per cent to close at 35,358.57 basis points as 19 stocks appreciated. Thus, the year-to-date return advanced to 31.57 per cent. In addition to 18 stocks that declined, the volume of transactions and market turnover declined by 53.02 per cent […]
Read More Nigerian equities rebounded yesterday as large-cap stocks rallied the market to a net capital gain of ₦53 billion. Benchmark indices at the Nigerian Stock Exchange (NSE) showed average day-on-day gain of 0.44 per cent, representing net capital appreciation of ₦53 billion. The All Share Index (ASI)-the benchmark index for the equities market, rose from its […]
Read More The Nigerian equities market advanced by ₦70 billion at the close of trading on the floor of the Nigerian Stock Exchange on Thursday notwithstanding depreciation in 22 stocks. The market recorded 15 gainers as 128.312 million shares valued at ₦2.728 billion exchanged hands in 3,241 deals. At the end of the day’s trade, the All-Share […]
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