Weekly transactions on the Nigerian Stock Exchange (NSE) closed on Friday with the market indicators appreciating marginally by 0.68 per cent. The All-Share Index, which opened at 30,833.50 on Friday, rose by 207.92 points or 0.68 per cent to close at 31,041.42. Similarly, the market capitalisation inched by N79 billion or 0.68 per cent to […]
Guinness Stock Performance Lagos – The inclement business environment is weakening purchasing power, challenging company’s ability to expand revenue as was Guinness Nigeria PLc, Nigeria’s second biggest brewer known for Guinness Extra Stout and Guinness Malt among other beverages. Guinness faltered as inflation ravaged at over 11 percent and growth slow at 1.8 percent in […]
Equities Market: No End in Sight as Investors Lose Another N170bn on Monday There seems to be no end in sight for the Nigerian Stock Exchange (NSE) market as investors lost another N170 billion on Monday after losing N547 billion last week. The market capitalisation drop from N11.124 trillion on Friday to N10.954 trillion on […]
[FILES] Nigerian Stock Exchange (NSE) Continued price losses by many blue-chip stocks, yesterday depressed the indices further as transactions on the Nigerian Stock Exchange (NSE) reopened on a downturn making the All-share index plunge by 1.53 per cent. Yesterday, the All -share index (ASI) shed 454.14 absolute points, representing a dip of 1.53 per cent […]
nigeria stock exchange Transactions on the floor of Nigerian Stock Exchange (NSE) yesterday continued with volatility, as value of equities dipped by N171 billion. Specifically, market capitalisation of listed equities declined by 1.54 per cent to N10.953 trillion from N11.124 trillion reported on Friday. The NSE All Share Index also depreciated by 454.14 basis points […]
By Dipo Olowookere Transactions on the floor of the Nigerian Stock Exchange (NSE) further closed bearish on Wednesday as investors still await the positive news to move the market to the green territory. Prices of stocks at the market continue to fall as a result of the decision of some investors to take profit despite […]
The crucial market indicators of the Nigerian Stock Exchange (NSE) on Tuesday maintained negative slide, dropping by 0.01 per cent. Specifically, the All-Share Index dipped 3.67 points or 0.01 per cent to close at 29,158.57 compared with 29,162.24 achieved on Monday. Similarly, the market capitalisation, which opened at N10.953 trillion, shed N1 billion to close […]
Feyisayo Popoola Investors in the nation’s stock market lost a total of N5228bn in the last three consecutive days of trading on the floor of the Nigerian Stock Exchange. The market capitalisation, which opened the week at N11.672tn, shed N205bn to close at N11.467tn on Monday and lost N114bn on Tuesday to close at N11.353tn. […]
The bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent sell pressure. The News Agency of Nigeria (NAN) reports that the index lost, in spite of improved earnings reports, 558.04 points or 1.85 per cent to close at 29,668.73 compared with […]
The domestic equities market extended its losses to the second trading session of the week on the back of sustained losses in NIGERIAN BREWERIES (-9.7%), NESTLE (-3.5%) and UNILEVER (-8.5%) which saw N169bn wiped off investors’ wealth as market capitalisation fell to N11.4tn. As a result, the Benchmark Index shed 1.0% to 30,226.7 points while […]
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