By Dipo Olowookere Transactions on the floor of the Nigerian Stock Exchange (NSE) further closed bearish on Wednesday as investors still await the positive news to move the market to the green territory. Prices of stocks at the market continue to fall as a result of the decision of some investors to take profit despite […]
Tag: XNSA_CUTIX
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. […]
Nigerian Equity Market Rebounds, Up 0.15%
Lagos – After closing in the red for the better part of the week, trading on the floor of the Nigerian Stock Exchange (NSE) advanced 0.2 per cent. The All Share Index settled at 29,202.54 points on the back of buying interests in bellwether stocks – Dangote Cement (+0.5%), Zenith Bank (+2.2%) and FBN Holdings […]
Stocks Market Sheds N15bn On Sustained Profit Taking
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 […]
NSE rebounds as bargain hunting pushes index by 0.1%
Nigerian Stock Exchange After few days of downturn, and the bulls upstaged the bears on the trading floor of the Nigerian Stock Exchange (NSE), occasioned by bargain hunting in the bellwethers, as the All-share index increased marginally by 0.1 per cent.Yesterday, the All Share Index (ASI) gained 34.85 absolute points, representing a growth of 0.12 […]
Stock market rebounds on N16.5bn gain
Feyisayo Popoola The Nigerian stock market witnessed a rebound on Wednesday as 24 stocks led by Livestock Feeds Plc recorded price appreciation. The market capitalisation of equities listed on the Nigerian Stock Exchange increased from N10.952tn on Tuesday to N10.965tn on Wednesday. The All-Share Index gained 0.12 per cent to settle at 29,202.54 basis points […]
Sell-off persists on NSE, as index plummets further by 0.7%
[FILES] Nigerian Stock Exchange (NSE) By The Nigerian Stock Exchange (NSE) yesterday plunged further by 0.7 per cent, extending bearish run to a third consecutive session amid sustained sell-off. The All-Share Index (ASI) yesterday, dipped by 209.41 absolute points, representing a decline of 0.67 per cent, to close at 30,829.45 points. Similarly, market capitalisation shed […]
NSE-ASI Marginally Falls By 0.01% W-o-W
The Nigerian equities market closed marginally in negative territory amid sustained profit taking activity as investors continued to patronise fixed income assets. The decline in overall market performance was partly subdued by partial recovery in the share prices of Dangote Cement and Zenith Bank, amid technical marked down for dividend. The benchmark index posted losses […]
Nigeria: 6 Banks Dominate Losers’ Chart On NSE
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 Baker Plc, […]
Tantalizers Drop 41.67% To Emerge Worst Performing Stock On NSE In July
Floor of Nigerian Stock Exchange Low, medium and high capitalised equities dominated worst performing table on the Nigerian Stock Exchange (NSE) for the month of July in percentage terms. Concise News gathered that Tantalizers emerged the worst performing equity in percentage terms with 41.67 per cent. Data obtained from NSE indicated that the stock during […]