Goddy Egene The stock market ended last week on another positive note as the Nigerian Stock Exchange’s (NSE) All-Share Index (ASI) rose 5.4 per cent to close at 38,800.01, while market capitalisation closed at N20.279 trillion. Also, investors’ sustained interest was reflected in the value of trading as they staked a total of N40.311 billion […]
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MTN Nigeria, Dangote, Oando up, Nigerian Stock Exchange gains 37% in 365 days
Nigerian Stock Exchange closed Friday’s trading session on a bullish note. The All Share Index gained by +1.56% to close at 36,804.75 index points as against +2.10% appreciation recorded on Thursday. Nigerian Stock Exchange capitalization now stands at N19.24 Trillion. Its Year-to-Date (YTD) returns currently stands at +37.12%. Nigerian bourse trading turnover at the last […]
Stock market looking bullish as capitalisation rises by N200bn
Following bargain hunting in most blue-chip stocks, the Nigerian equities market extended its gain yesterday, with capitalisation gaining N200 billion. The All-Share Index (ASI) gained 381.78 absolute points, representing a gain of 1.10 per cent to close at 35,225.22 points. Similarly, the overall market capitalisation value also appreciated by N200 billion to close at N18.411 […]
Nigeria stock market ends 2020 with 50.03% growth
The nation’s bourse on Thursday closed 2020 upbeat, appreciating by 50.03 per cent, with the All-Share Index crossing the 40, 000 mark on the last trading day, in spite of COVID-19 pandemic. Specifically, the All-Share Index which opened trading for the year at 26, 842.07 rose by 13, 428.65 points or 50.03 per cent to […]
Berger Paints appoints Mrs. Ogechi Iheanacho Non-Executive Director, as Engr Patrick Buruche retires
WorldStage Newsonline– Berger Paints Nigeria Plc said its Board has approved the appointment, subject to the ratification of the Annual General Meeting, of Mrs. Ogechi U. Iheanacho as a Non-Executive Director effective January 2, 2021. This is following the announcement that Engineer Patrick Buruche, a Non-Executive Director on the Board of Berger Paints Nigeria Plc, […]
NSE Reopens Trading With N167bn Gain After Christmas Holidays
Stock Market NSE Reopens Trading With N167bn Gain After Christmas Holidays The Nigerian Stock Exchange reopened trading on Tuesday after the holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. Specifically, the All-Share Index which opened at 38,800.01 inched higher by 310.16 points or 0.80 per cent to close […]
Nigeria: 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 […]
NSE index up 1.03%, as Eterna, Int Breweries, BUA Cement led gainers’ chart
WorldStage Newsonline– Nigerian Stock Exchange extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips. Specifically. the market capitalisation which opened at N20.446 trillion rose by N214 billion to close at N20.660 trillion supported by interestes in BUA Cement. Also, the All-Share Index appreciated […]
NSE reveals results of full year review of market indices
The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its annual full year market index review for the following indices – the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index; […]
Stock market sets new milestone, crosses N20tr capiitalisation
The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued unabated for eight successive sessions last week, causing the All-Share Index (ASI) and market capitalisation to appreciate […]