Goddy Egene The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose further by 1.10 per cent to close at 34,225.22 as the market sustained its positive momentum yesterday. The market capitalisation gained N199.5 billion to close at N18.4 trillion. The bulls had returned to the market on Monday with a gain of 1.73 per cent […]
Tag: XNSA
Lafarge Africa receives MANCAP certificates from SON
The Standards Organisation of Nigeria has presented the Mandatory Conformity Assessment Programme product quality certificates to Lafarge Africa Plc, Nigeria’s operations of the building materials giant, LafargeHolcim. A statement on Wednesday issued by the Director, Communications, Public Affairs and Sustainable Development, Lafarge, Folashade Ambrose-Medebem, stated that the certificate was presented after products from the company’s […]
Trading reverses on NSE, closes for Christmas with N2bn loss
Specifically, the market capitalisation which opened at N20.281 trillion lost two billion naira to close at N20.279 trillion. Similarly, the All-Share Index shed 3.73 points or 0.01 per cent to close at 38,800.01 from 38,803.74 recorded on Wednesday. The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Lafarge […]
9 things to watch on Tadawul today
Brent crude on Friday gained 17 cents to reach $51.80 per barrel. WTI crude also increased 12 cents to reach $48.52/bbl. (Shutterstock) Here are a few things you need to know as Saudi stocks start trading on Sunday. 1) Al-Babtain Power and Telecommunication Co.’s board of directors recommended a 10% cash dividend for the fiscal […]
Nigerian Bourse Maintains Uptrend… ASI advanced further by 1.03%
The Nigerian equities market closed positive today as NSE-ASI gained +1.03%. The All-Share Index (ASI), advanced from its opening index of 39,110.17 points to close at 39,512.31 points. Year to date return and Market capitalization settled at 46.73%, and 20.66trillion. A total volume of 372.9 billion units of shares, valued at N11.5billion exchanged hands in […]
Bulls trump bears as interests in BuaCem, Zenith, Access ramp up market cap to N20.4trn
By Charles Abuede The bulls exerted their dominance over the Nigerian equity market Tuesday with the banking and industrial goods sectors driving the market to gain as stocks climbed higher in their first trading session after the Christmas break. The index was up 0.8 per cent to close at 39,110.17 points. The performance was buoyed […]
Stock market reopens, upbeat as index rises by 0.80%
The Nigerian stock market yesterday reversed its losing streak to reopen upbeat, as the All-Share Index (ASI) gained 0.80 per cent following appreciation in BUA Cement and 18 other stocks. The stock market resumed trading yesterday, after Christmas two-day holidays. The ASI gained 310.16 absolute points, representing a gain of 0.80 per cent to close […]
All-Share Index Rises 0.8% as Market Sustains Positive Momentum
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
Investors Gain N167.64bn as NSEASI Inches Up by 0.80% to Open the Week Positive
Tuesday Dec ember 29 , 2020 / 0 3 : 38 PM / Proshare MARKETS / Header Image Credit: Proshare Proshare Nigeria Pvt. Ltd. Equities market closed today on a positive note, as NSEASI appreciated by +0.80% to close at 39,110.17 basis points as against -0.01% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands […]
NSE ranked world’s best-performing stock market in 2020
The Nigerian Stock Exchange (NSE) has been named the best-performing stock market among the 93 equity indexes being tracked by Bloomberg across the world. The all-share index which opened at 38,800.01 inched higher by 310.16 points or 0.80 percent to cross the 39,000 mark and close at 39,110.17. Also, the market capitalisation rose by N167 […]