H1 results fail to lift Nigeria’s equities market as NSEASI records 4th consecutive negative trade, YTD return worsened to -5.1%

H1 results fail to lift Nigeria’s equities market as NSEASI records 4th consecutive negative trade, YTD return worsened to -5.1%

Half-year earnings releases by listed companies on the Nigerian Stock Exchange have failed to impress investors, as the local bourse, Wednesday, recorded bearish sentiments for the fourth consecutive trading session. A review of equities trading activities showed the benchmark index, the Nigerian Stock Exchange All Share Index (NSEASI), shedding 0.09 percent to settle at 36,299.82 […]

Equity market sustains downward trend, dropping N13bn

Equity market sustains downward trend, dropping N13bn

nigeria stock exchange The nation’s equity market has sustained negative trend as anxiety in the political environment continues to mount pressure business activities ahead of 2019 election. Specifically, Market Capitalisation of listed equities depreciated by N13 billion or 0.09 per cent to N13.249 trillion from N13.261 trillion reported the previous day. The NSE All Share […]

High Cap Stocks gains push stock market indices by N39b

High Cap Stocks gains push stock market indices by N39b

Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]