[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 […]
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NSE All-Share Index Hits 52-Week Low on Continuing Bear Run
Goddy Egene The Nigerian Stock Exchange (NSE) All-Share Index hit a 52-week low yesterday, falling by 1.53 per cent to close at 29,162.24, while market capitalisation shed N170 billion to close at N10.953 trillion. The bearish trend has persisted as investors continued to ignore corporate results and dividend announcements by companies, leading to a decline […]
Companies to receive awards for dividend payment
Securities and Exchange Commission The board of directors of Third Observers Nigeria Limited has concluded arrangements to present awards to quoted companies that delight investors with good dividend payouts. The awards ceremony is scheduled for next week in Lagos. The theme for second edition of the awards is: How Regulations Protect Investments and Help Secure […]
Stock market reverses previous gains as indices plummet by N36b
Following price losses incurred by most highly capitalised stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE) reopened on a negative note, as market capitalisation plunged by N36 billion. Reversing the positive trend at the previous trading session, the All-Share Index (ASI) shed 97.03 absolute points yesterday, representing a dip of 0.31 […]
Weekly Economic Index: Oil prices could reach $75 by summer
Nigeria’s finance minister, Zainab Ahmed, has revealed the government’s plans to introduce new taxes in a bid to increase the revenue of the country. This was disclosed at a public hearing on the 2019 budget on Wednesday, organized by the Senate and House of Representatives committees on appropriation. This comes almost a week after the […]
NSE: Equity trading closes upbeat, market indicators up by 0.01%
Transactions on the Nigerian Stock Exchange on Thursday closed on a positive note with some blue chips recording price gains. The News Agency of Nigeria reports that Presco topped the gainers’ chat, gaining N6 to close at N68 per share. Nascon came second on the gainers’ chart with N1.8 to close at N20 per share. […]
Nigeria Stocks gain momentum as All Share Index rise
Employees work on the trading floor at the Nigerian Stock Exchange (NSE) in Lagos, Nigeria, on Monday, Oct. 26, 2015. Nigeria plans to create a $25 billion fund with public and private financing to modernize infrastructure and avoid a recession, Vice President Yemi Osinbajo said. Photographer: George Osodi/Bloomberg via Getty Images The local bourse slightly […]
Banking Sector Spur Stocks Market To Marginal Gain
The Nigerian stocks market yesterday recorded marginal gain of 0.01 per cent to halt three successive sessions of closing negative, which was majorly impacted by gains in the Banking sector. Also, Wema Bank was the most active stocks as it traded 1.7 billion shares, valued at N1.28 billion. The All Share Index (ASI) gained by […]
Equity Trading Closes Upbeat, Market Indicators Up By 0.01% – NSE
Transactions on the Nigerian Stock Exchange (NSE) on Thursday closed on a positive note with some blue chips recording price gains. The News Agency of Nigeria (NAN) reports that Presco topped the gainers’ chat, gaining N6 to close at N68 per share. Nascon came second on the gainers’ chart with N1.8 to close at N20 […]
Presco, GTB, others lead stock market’s N2 billion gain
[FILES] Nigerian Stock Exchange (NSE) Transactions on the equities sector of the Nigerian Stock Exchange (NSE ) closed in an upbeat yesterday to halt three successive sessions’ negative trend, as price gains recorded by many blue-chip companies, especially Presco and Guaranty Trust Bank (GTB), aided market capitalisation’s marginal appreciation. Specifically, at the close of transactions […]