By Dipo Olowookere The 1.53 percent loss recorded by the nation’s bourse on Monday has reduced the market capitalisation to N10 trillion region. The total value of equities on the Nigerian Stock Exchange (NSE) had closed last Friday at N11.124 trillion, but the N170 billion decline posted yesterday during the trading session reduced it to […]
WorldStage Newsonline– The Nigerian equities market closed on a positive note Wednesday as the All-Share Index recorded a growth of 0.11 per cent to close at 29,193.42 compared with 29,158.57 posted on Tuesday. Also, the market capitalisation which opened at N10.952 trillion rose by N13 billion to close at N10.965 trillion. Dangote Cement dominated the […]
Nigerian equities continued on the decline yesterday, losing N121 billion in the fifth consecutive negative session. With more than three losers for every gainer, the overall market situation indicated continuing selloffs across the sectors. Benchmark indices at the Nigerian Stock Exchange (NSE) showed a decline of 1.02 per cent, equivalent to net capital depreciation of […]
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 […]
Feyisayo Popoola THE nation’s stock market opened the week on a bearish note as investors lost N170bn on Monday. The equities market, which lost N343bn on four trading sessions last week, saw its market capitalisation drop from N11.124tn on Friday to N10.954tn on Monday. The All Share Index shed 1.53 per cent to close at […]
28 Firms Lose As Stock Market Declines Further The nation’s stock market declined further on Tuesday as bearish sentiments persisted, making investors lose N4.8bn. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N10.954tn on Monday to N10.948tn on Tuesday while the year-to-date loss stood at -7.3 per cent. On Tuesday, […]
The bearish performance at the equities market continued into the fourth consecutive trading session, Thursday. The negative performance for the day were specifically spurred by losses in Dangote Cement which fell 0.5 percent, Eco Transnational Incorporated (ETI) which declined 3.3 percent and Access Bank which depreciated by 4.3 percent. As a result, the benchmark index […]
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 […]
Lagos – The local bourse regained losses from earlier trading sessions to close slightly bearish, as sell-offs in market bellwethers outpaced last-minute bargain hunting activities. A total turnover of 1.198 billion shares worth N12.273 billion in 18,293 deals were traded last week by investors on the floor of the Exchange in contrast to a total […]
nigeria stock exchange Forte Oil Thursday led gainers during the day, appreciating by N2.45 kobo to close at N27.40 kobo, Vitafoam Nigeria Plc followed with a gain of N0.28 kobo to close at N3.85 kobo, Oando Plc appreciated by N0.15 kobo to close at N4.95 kobo, Zenith Bank Plc increased by N0.10 kobo to close […]
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