Chika Amanze-Nwachuku Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and […]
Tag: XNSA_ACCESS
Investors exchange shares worth N1.68bn
nigeria stock exchange Investors on Tuesday traded 143.708 million shares worth N1.682 billion in 3457 deals. This is against 168.721 million shares valued at N3.751 billion exchanged hands the previous day in 3048 deals. The Nigerian Stock Exchange trading result for the day showed that All share Index declined to 31038.86 points from 31042.32 points […]
NSE Market Capitalisation Increases by N24bn
The Nigerian Stock Exchange (NSE) market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent. Specifically, the All-Share Index which opened at 29,553.12 grew by 63.26 points or 0.21 points to close at 29,616.38 due to marginal gains by some blue chips. Also, the market capitalisation which opened at N11.100 […]
Access Bank rallies on merger completion
Access Bank Plc was the most active stock and the third highest gainer yesterday at the Nigerian equities market as investors sought to lock in into the first tier commercial bank, which consummated its merger with Diamond Bank Plc on Tuesday. The Nigerian Stock Exchange (NSE) had on Wednesday placed full suspension on Diamond Bank, […]
Stock Investors Begin Week With N36bn Loss
By Dipo Olowookere Trading resumed on the floor of the Nigerian Stock Exchange (NSE) on Monday on a negative note as a result of selloffs by investors. This led a loss of N36 billion in the market capitalisation, which closed at N11.576 trillion against N11.612 trillion it ended last Friday. Investors had hoped for the […]
Nigerian Bourse Opens Week Negative, Down 0.31%
Lagos – Losses in market bellwethers – Dangote Cement (-0.6%), Zenith Bank (-2.5%) and Access Bank (-6.6%) – dragged the All Share Index down 0.31 per cent to 31,042.32 points, reverting its positive close at the previous trading session. As a result, investors lost N36.2 billion in value as market capitalisation fell to N11.6 trillion […]
NSE market capitalisation increases by N24 billion
The Nigerian Stock Exchange (NSE) market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent. Specifically, the All-Share Index which opened at 29,553.12 grew by 63.26 points or 0.21 points to close at 29,616.38 due to marginal gains by some blue chips. Also, the market capitalisation which opened at N11.100 […]
Cadbury Nigeria Plc on the losers chart despite blow out results
Gainers and Losers The Nigerian Stock Exchange ended the week on a slightly bearish note. The All Share Index opened at 31,142.72 basis points and closed at 31,139.95 basis points, down 0.01%. Year to date, the index is down 0.93%. 32 equities appreciated in price during the week, higher than 18 in the previous week. […]
Equities Market Records Marginal Decline, Down 0.01%
Nigerian Stock Exchange (NSE) Lagos – Nigerian Stock Exchange – All Share Index (NSE-ASI) recorded a marginal decline to close the second trading session of the week yesterday. The All Share Index (ASI) shed 3.46 absolute points, representing a dip of 0.01 per cent to close at 31,038.86 points. Meanwhile, the market capitalisation gained N95 […]
Sustained Sell-Offs Drag NSE Index Down 1.85%
Lagos – Nigerian Stock Exchange, All Share Index extended negative outlook to record the third consecutive decline for the week by 1.85 per cent loss yesterday to drop below 30,000 basis points. The All Share Index went down by 558.04 absolute points, representing a dip of 1.85 per cent, closing at 29,668.73 points while market […]