The bears resurfaced on the Nigerian Stock Exchange (NSE) on Tuesday following loses recorded by some blue chips. Betaglass dominated the bears with a loss of N8.10 to close lower at N72.90 per share. Presco trailed with a loss of N6.60 to close at N59.55, while Lafarge Africa declined by N3.25 to close at N29.25 […]
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High Cap Stocks gains push stock market indices by N39b
Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]
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. […]