The Nigerian bourse extended positive for the second consecutive day with the market capitalisation rising further by another N58 billion. The market capitalisation on Thursday rose by N58 billion or 0.53 per cent to close at N11.023 trillion compared with N10.965 trillion on Wednesday. Nigeria- map The All-Share which opened at 29,193.42 inched 154.20 points […]
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Stock market recovers with N16.5bn gain
The Nigerian stock market on Wednesday recovered from its loss to record a total of N16.5 billion gain. Livestock Feeds Plc led 24 stocks in the appreciation spree. The market capitalisation of equities listed on the Nigerian Stock Exchange (NSE) bounced back from N10.952tn on Tuesday to N10.965tn on Wednesday. The All-Share Index settled at […]
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 […]
NSE market capitalisation increases by N24bn
Nigerian Stock Exchange (NSE) 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 […]
FMDQ OTC Records N34tn Turnover in 2 Months
Turnover on the floor of FMDQ OTC Securities Exchange, where short to medium term yielding investment activities are transacted, stood at N34.27 trillion as at end of February, 2019. The figure represented about 19 per cent of total turnover reported in 12 months in 2018. A sustained performance of the first two months would translate […]
NSE Market Capitalisation Increases By N24bn
Nigerian Stock Exchange (NSE) 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 […]
Stock exchange market indices down by 0.01 per cent
The crucial market indicators of the Nigerian Stock Exchange (NSE) on Tuesday maintained negative slide, dropping by 0.01 per cent. Specifically, the All-Share Index dipped 3.67 points or 0.01 per cent to close at 29,158.57 compared with 29,162.24 achieved on Monday. Similarly, the market capitalisation, which opened at N10.953 trillion, shed N1 billion to close […]
Stock market investors lose N528bn in three days
Feyisayo Popoola Investors in the nation’s stock market lost a total of N5228bn in the last three consecutive days of trading on the floor of the Nigerian Stock Exchange. The market capitalisation, which opened the week at N11.672tn, shed N205bn to close at N11.467tn on Monday and lost N114bn on Tuesday to close at N11.353tn. […]
NSE index drops 0.01%, as Presco, Nigeria Breweries, ETI top losers’ table
WorldStage Newsonline– Trading on the Nigerian Stock Exchange closed Tuesday still on a negative trend, as the All-Share Index lost 3.46 points or 0.01 per cent to close at 31,038.86 compared with 31,042.32 achieved on Monday. The market capitalisation, which opened at N11.576 trillion, increased marginally by N95 billion to close at N11.671 trillion. A […]
Stock Market Rebounds on Bargain Hunting in Bellwethers
Goddy Egene The stock market pared losses Wednesday as investors embarked on bargain hunting after days of bearish run. The persistent bear run had pushed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to a 52-week low two days ago. However, some investors moved in to take advantage of low valuations. Consequently, the NSE ASI […]