WorldStage Newsonline– Trading on the Nigerian Stock Exchange closed Tuesday still on a negative trend, as the All-Share Index lost 3.46 points or 0.01 per cent to close at 31,038.86 compared with 31,042.32 achieved on Monday. The market capitalisation, which opened at N11.576 trillion, increased marginally by N95 billion to close at N11.671 trillion. A […]
Tag: XNSA_DANGCEM
Stock Market Rebounds on Bargain Hunting in Bellwethers
Goddy Egene The stock market pared losses Wednesday as investors embarked on bargain hunting after days of bearish run. The persistent bear run had pushed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to a 52-week low two days ago. However, some investors moved in to take advantage of low valuations. Consequently, the NSE ASI […]
Equities Market Begins Week Bearish, Slips By 1.53%
LAGOS – Nigerian equities market on Monday commenced the trading week on a bearish note, with a decline of 1.53 per cent. The All Share Index (ASI) shed 454.14 basis points, representing a dip of 1.53 per cent to close at 30,226.77 points. Similarly, the market capitalisation shed N170 billion to close at N10.954 trillion. […]
Bulls return as market gains N17bn
nigeria stock exchange Investment in the nation’s equity market on Thursday closed north ward, increasing by N17 billion. Specifically, Market capitalisation of listed equities increased by 0.16 per cent to N10.965 trillion from N10.948 trillion recorded on Tuesday. The Nigerian Stock Exchange (NSE) All Share Index grew by 53.08 basis points to 29202.54 points from […]
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 […]
Equities Market Sustains Bearish Run, Down 0.14%
Lagos – Nigerian equities market extended negative stance into the second trading session of the week as the Nigerian Stock Exchange- All Share Index (NSE-ASI) shed 0.14 per cent yesterday. NSE-ASI declined by 43.07 basis points, representing a decrease of 0.14 per cent, to close at 31,082.32 points. Similarly, market capitalisation shed N16 billion, to […]
NSE index dips 0.31%, as Mobil, Nestle, Dangote Cement lose weight
WorldStage Newsonline–Trading on the Nigerian Stock Exchange (NSE) closed on Monday with the market capitalisation depreciating by N36 billion or 0.31 per cent, amid price losses by major stocks. The market capitalisation closed lower at N11.576 trillion from the N11.612 trillion recorded on Friday. Also, the All-Share Index, which opened at 31,139.35, dropped by 97.03 […]
Dangote Cement, 9 Others Account For 71% Equities Market Capitalisation
Dangote Cement Plc, Nestle Nigeria Plc and eight other listed companies have accounted for 71 per cent of the total Nigerian equities market capitalisation. The others are Guaranty Trust Bank (GTB), Zenith Bank, Nigerian Breweries, Stanbic IBTC, Cement Company of Northern Nigerian (CCNN), Ecobank Transnational Inc. (ETI), Unilever Nigeria, and International Breweries. Market capitalisation also […]
You Could Gain 140% Buying These Five Stocks This Week
By Modupe Gbadeyanka It is no doubt that the local stock market has been on the downtrend for some weeks now, but for smart investors, the best time to buy stocks is when the market is down because prices are very low and when the market begins to pick, you can then sell to make […]
NSE: Dangote Cement Records Highest Price Loss As Capitalisation Drops
Dangote cement Weekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips. The market capitalisation dipped by N171 billion or 1.54 per cent to close at N10.955 trillion from the N11.124 trillion achieved on Friday. […]