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 […]
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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; […]
NSE resumes with 1.73% growth
The domestic equities market opened for the week on Monday on a positive note with the All-Share Index appreciating by 1.73 per cent, amid buying interest in Dangote Cement and 25 other stocks. Specifically, the index which opened at 34,250.74 rose by 592.70 points or 1.73 per cent to close at 34,843.44. Accordingly, month-to-date loss […]
NSE closes last trading day in November with 0.45% growth
STOCK The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, […]
Capitalisation hits N20tr as investors gain N476b in a day
Nigerian Stock Exchange (NSE) The market capitalisation of the Nigerian Stock Exchange (NSE) hit N20 trillion at the end of transactions yesterday, as sentiments remained upbeat for the eight successive sessions. At the close of trading, the overall market capitalisation appreciated by N476 billion to close at N20.281 trillion. Similarly, the All-Share Index (ASI) gained […]
Nigeria bourse climbs to N19.6trn as DangCem, Wapco, Oando help bring N333.8bn home to investors
By Charles Abuede Naira gains N3 at start of Christmas week T-bills close negative, FGN bonds positive The Nigerian equities market continued its positive run with an advance of 174 basis points as the week opened Monday on the back of a similar positive close last week. It represented 1.74 percent growth as the index […]
Access Bank in talks with Atlas Mara to take over BancABC
Access Bank Plc is in talks to take over BancABC and other African assets of the pan-African banking group, Atlas Mara, in order to expand its reach in Africa. A recent report from Bloomberg suggests that, although there is no communication from the parties involved yet, insiders claim Access Bank Plc is interested in Bob […]