Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close at N21.122 trillion from N21.515 trillion recorded on Monday. RECOMMENDED ARTICLES Similarly, the All-Share Index lost 751.25 points or 1.83 per cent to close at 40,396.14 compared with 41,147.39 achieved on Monday. The downturn was impacted by losses recorded in medium and […]
Johnson Okafor The Nigerian equity market, on Thursday, sustained its positive outlook as the All-Share Index and market capitalisation rose further by 0.3 per cent. However, market breadth closed positive with 27 gainers against 14 decliners. The ASI gained 125.7 basis points or 0.3 per cent to close at 40,590.85 index points as against 40,465.15 […]
The Nigerian Stock Exchange (NSE) has made its annual full year review of the market indices which includes: 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 and the five sectoral indices comprising the NSE Banking, NSE Insurance, NSE […]
On Wednesday, Access Bank said the merger of Cavmont into Access Bank Zambia will hold before the end of January 2021. The management of Access Bank Plc has said its Zambian subsidiary has completed the acquisition of Cavmont Bank Limited. The bank said the acquisition followed the fulfillment of key conditions, including regulatory approvals. Access […]
Rubis Gigiri, Nairobi. FILE PHOTO | NMG It is normal for a company to tweak its brand to drive business and reinvigorate presence. Companies may want to develop new logos, marketing materials as well as names to rejuvenate interest from consumers, employees and investors, as well as stay ahead of competitors. Recent rebrands in Kenya […]
WorldStage Newsonline– Trading on Nigerian Stock Exchange maintained a downward trend for the fifth consecutive trading days with the All-Share Index declining by 0.89 per cent. The index lost 306.52 points or 0.89 per cent to close at 34,250.74 from 34,557.26 posted on Thursday. Similarly, the market capitalisation of listed equities dipped N171 billion to […]
Specifically, the market capitalisation shed N38 billion or 0.21 per cent to close at N18.327 trillion from N18.365 trillion achieved on Friday. Also, the All-Share Index which opened at 35,137.99 lost 73.63 points to close at 35,064.36. Consequently, month-to-date and year-to-date gains moderated to 0.1 per cent and 30.6 per cent, respectively. The downtrend was […]
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 […]
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 […]
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 […]
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