Employees work on the trading floor at the Nigerian Stock Exchange (NSE) in Lagos, Nigeria, on Monday, Oct. 26, 2015. Nigeria plans to create a $25 billion fund with public and private financing to modernize infrastructure and avoid a recession, Vice President Yemi Osinbajo said. Photographer: George Osodi/Bloomberg via Getty Images The local bourse slightly […]
Tag: XNSA_CHAMS
Presco, GTB, others lead stock market’s N2 billion gain
[FILES] Nigerian Stock Exchange (NSE) Transactions on the equities sector of the Nigerian Stock Exchange (NSE ) closed in an upbeat yesterday to halt three successive sessions’ negative trend, as price gains recorded by many blue-chip companies, especially Presco and Guaranty Trust Bank (GTB), aided market capitalisation’s marginal appreciation. Specifically, at the close of transactions […]
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 […]
Nigeria’s Stock Market Slumps Further As Investors Lose N4.8bn
The Nigeria Stock Exchange in Lagos Business activities on the floor of the Nigeria stock market fell further on Tuesday as investors lost N4.8bn, Concise News reports. This online news medium understands that the market slumped from N10.954tn on Monday to N10.948tn on Tuesday with the year-to-date loss standing at -7.3 per cent. Also, the […]
Stock market declines further as 28 firms lose
…draws closer to two-year low Feyisayo Popoola The nation’s stock market declined further on Tuesday as bearish sentiments persisted, making investors lose N4.8bn. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N10.954tn on Monday to N10.948tn on Tuesday while the year-to-date loss stood at -7.3 per cent. On Tuesday, the […]
Sell Pressure Persists as NSEASI Dips By -0.01%; Investors Lose N1.38bn
Tuesday, April 9, 2019 05:20 PM / Proshare MARKETS Equities market closed today on a negative note, as NSEASI depreciated by 0.01% to close at 29,158.57points as against 1.53% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -7.23%. Market breadth closed positive as GUARANTY led 12 Gainers as against 15 Losers topped by […]
Afrinvest Stock Recommendation For The Week 080419
Market Last Week (Our Observation) The downtrend in the local bourse persisted last week, as sustained sell-offs on market bellwethers weighed on overall performance. Consequently, the NSE All-Share index closed in the red on 4 of the 5 trading sessions in the week, falling 4.6% W-o-W to settle at 29,616.38 points crossing the psychological mark. […]
Financial Services Industry dominates trading at Nigerian bourse
The Financial Services Industry led the activity chart on the floor of the Nigerian Stock Exchange (NSE) this week with 3.060 billion shares valued at N14.469 billion and traded in 11,738 deals.The weekly report of transactions released on Friday in Lagos by the NSE showed that the ICT Industry followed with 253.633 million shares worth […]
Industrial Goods Stocks Lift Market by 0.21%
By Dipo Olowookere The Nigerian Stock Exchange (NSE) registered its first gain of the week on Friday following the positive performance of stocks in the industrial goods sector of the market and others. The equities market rebounded yesterday by 0.21 percent to shrink the year-to-date loss to 5.77 percent. The All-Share Index (ASI), which closed […]
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 […]