The stock market extended its bearish performance into the fifth consecutive trading session on Thursday as equities investors lost a total of N94.36 billion over the losing streak on sustained profit taking activity after last Thursday’s rebound. Specifically, the benchmark index of the Nigerian Stock Exchange (NSE), the All Share Index (ASI), dropped by 0.19 […]
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NSE indices sustain sliding profile, down by N21 billion
Nigerian Stock Exchange Transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, following price losses suffered by most blue chip stocks, causing market capitalisation to dip further by N21billion. Yesterday, the All-Share Index (NSE-ASI) was down by 67.16 absolute points, representing a dip of 0.19 per cent, closing […]
Stocks hit nine-month low on mixed earnings, elections
’Femi Asu with agency report Equities listed on the Nigerian Stock Exchange dropped to a more-than-nine-month low on Thursday, hurt by mixed second-quarter earnings and worries about political risk in the run-up to next year’s elections. The NSE All Share Index fell for the fifth straight session, down 0.4 per cent to 36,154 basis points. […]
