[FILES] The reception area at the Nigerian Stock Exchange in Lagos, Nigeria. PHOTO: Ruth McDowell/ 2019 Bloomberg Finance As Onyema ends tenure as NSE’s CEO Following losses by most blue-chip stocks, the Nigerian Stock Exchange (NSE) sustained a sliding profile at the opening of the week yesterday, leading to a fall in market capitalisation by […]
Tag: XNSA_ALEX
NSE resumes Easter holidays with N78bn loss
The total volume of trades declined by 6.19 per cent [Reuters/Akintunde Akinleye] Specifically, the All-Share Index lost 150.13 points or 0.39 per cent to close 38,766.61 compared with 38,916.74 achieved on Thursday. RECOMMENDED ARTICLES Also, the market capitalisation lost N78 billion to close at N20.283 trillion from N20.361 trillion achieved on Thursday. The market loss […]
Nigerian stocks retreat for fourth day as funds chase securities promising higher yields
Nigerian stocks slipped for fourth straight trading day Tuesday by 0.39 per cent, in a rout led by blue-chip bank stocks as there were no hints yet as to when the gloomy climate over a market that lost N624 billion in the year to March would end. Yields in the fixed income market are healing […]
NSE: Market Resumes From Easter Holidays With N78bn Loss
Nigerian Stock Exchange NSE: Market Resumes From Easter Holidays With N78bn Loss The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend, the News Agency of Nigeria reports. Specifically, the All-Share Index lost 150.13 points or 0.39 per cent to close […]
Aluminium Extrusion recommends 8.5 kobo dividend
Aluminium sheets produced by First Aluminium Nigeria Plc The Board of Aluminium Extrusion Industries Plc has recommended the payment of a final dividend of 8.5 kobo per 0.50 kobo ordinary shares. In a statement sent to the Nigerian Stock Exchange, the company also disclosed that the Register of Shareholders will be closed from Monday, June […]
Equities Market Opens Week Bearish on Losses by Bellwethers
Trading floor of the Nigeria Stock Exchange The Nigerian equities market started the week on a bearish note following losses by bellwether stocks such as Dangote Cement Plc, Nigerian Breweries Plc, GTBankPlc, FBN Holdings Plc. The benchmark index, the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.06 per cent to close at 36,479.42, while […]