Stock market looking bullish as capitalisation rises by N200bn

Stock market looking bullish as capitalisation rises by N200bn

Following bargain hunting in most blue-chip stocks, the Nigerian equities market extended its gain yesterday, with capitalisation gaining N200 billion. The All-Share Index (ASI) gained 381.78 absolute points, representing a gain of 1.10 per cent to close at 35,225.22 points. Similarly, the overall market capitalisation value also appreciated by N200 billion to close at N18.411 […]

Nigeria: All-Share Index Rises 0.8% As Market Sustains Positive Momentum

Nigeria: All-Share Index Rises 0.8% As Market Sustains Positive Momentum

The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]

NSE index up 1.03%, as Eterna, Int Breweries, BUA Cement led gainers’ chart

NSE index up 1.03%, as Eterna, Int Breweries, BUA Cement led gainers’ chart

WorldStage Newsonline– Nigerian Stock Exchange extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips. Specifically. the market capitalisation which opened at N20.446 trillion rose by N214 billion to close at N20.660 trillion supported by interestes in BUA Cement. Also, the All-Share Index appreciated […]

NSE reveals results of full year review of market indices

NSE reveals results of full year review of market indices

The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its annual full year market index review for the following indices – the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index; […]

Stock market sets new milestone, crosses N20tr capiitalisation

Stock market sets new milestone, crosses N20tr capiitalisation

The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued unabated for eight successive sessions last week, causing the All-Share Index (ASI) and market capitalisation to appreciate […]

Equities open with N334b gain

Taofik Salako, Deputy Group Business Editor NIGERIAN equities continued on the upswing yesterday as considerable demand for major cement and oil and gas companies roused the market to net capital gain of N334 billion. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average return of 1.7 per cent yesterday, representing net capital gain of […]

Nigeria stock market gains N334bn on Dangote Cement share buyback

Nigeria stock market gains N334bn on Dangote Cement share buyback

Market sentiment breadth closed at par with 23 gainers and losers [Reuters/Akintunde Akinleye] The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. Specifically, the market capitalisation rose by N334 billion or 1.74 per cent to close at N19.570 trillion compared with N19.236 trillion […]