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 […]
Tag: XNSA_CUTIX
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 […]
Stocks Market Declines By 0.09% On Weaker Demand
At the close of equities trading on the Nigerian Stock Exchange (NSE) yesterday, the All-Share Index (ASI) declined by 0.09 per cent amid sustained sell pressure. The NSE-ASI shed 33.98 absolute points, representing a decline of 0.09 per cent to close at 36,299.82 points, while year-to-date loss worsened to 5.08 per cent, lowest since October […]
Banking Stocks Dominate Trading as Investors Lose N12b
By Modupe Gbadeyanka For the third consecutive session, transactions at the nation’s bourse ended on a negative note on Wednesday, closing 0.09 percent lower to sink the Year-to-Date (YtD) returns deeper to -5.08 percent. The loss recorded during the mid-week trade was mainly attributed to the poor performance of the banking and the oil and […]
Betaglass, Presco Nosedive on NSE
The bears resurfaced on the Nigerian Stock Exchange (NSE) on Tuesday following loses recorded by some blue chips. Betaglass dominated the bears with a loss of N8.10 to close lower at N72.90 per share. Presco trailed with a loss of N6.60 to close at N59.55, while Lafarge Africa declined by N3.25 to close at N29.25 […]
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 […]