AIICO Insurance Plc said it has received its shareholders’ approval to increase its authorised share capital from N18 billion to N20 billion by the creation of additional four billion ordinary shares of 50 kobo each. The company, also said it has secured its shareholders’ nod for the declaration of one bonus share for every eight […]
The Nigerian stock market opened for four trading days this week as the Federal Government of Nigeria declared Thursday 1st October 2020 a Public Holiday. The All-Share Index appreciated by 2.53% while Market Capitalization appreciated by 2.55% to close the week at 26,985.77 and N14.105 trillion respectively. Investors gained a whopping N350.12bn. A total turnover […]
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 […]
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 […]
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. […]
The Nigerian stocks market yesterday shed N15 billion as bearish run persisted on sustained profit taking. The All Share Index (ASI) shed 41.48 absolute points, representing a decline of 0.13 per cent, to close at 31,040.84 points. Similarly, market capitalisation lost N15 billion, to close at N11.576 trillion. The downturn was impacted by losses recorded […]
Feyisayo Popoola The nation’s equities market recorded its highest daily loss in eight months at the close of trading on the floor of the Nigerian Stock Exchange on Wednesday. Sell-offs drove the NSE All Share Index lower by a record 3.5 per cent to close at 32,292.79 basis points. The market capitalisation of listed equities […]
AIICO Insurance Plc yesterday hit a year high of N0.99 per share. The stock was one of the best performing on the NSE last week and has continued what seems to be a bull run. It gained 9% on Friday, 9.76% on Monday and closed Tuesday’s trading session at N0.99, up 10%. Year to date, […]
Feyisayo Popoola The nation’s equities market extended its decline on Thursday as it shed N111bn following the price depreciation recorded by 31 stocks at the close of trading. The All-Share Index and market capitalisation of equities listed on the Nigerian Stock Exchange fell by 0.88 per cent to close at 34,110.22 basis points and N12.452tn […]
Goddy Egene The stock market rebounded yesterday as the Nigerian Stock Exchange All-Share Index (NSE ASI) rose 0.28 per cent to close at 34,933.68 after opening the month on a negative note the previous day. Similarly, market capitalisation added N36.1 billion to close at 12.8 trillion. Buying interest in banking stocks such as Zenith Bank […]
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