stock market Market Slumps By N48bn, Stock Investors Lost N158bn In March Investors in the Nigerian stock market lost N158bn in March amid persistent bearish sentiments. The market, which opened the month at 31,721.76 basis points with a market capitalisation of N11.830bn, rose to its highest point on March 5 at 32,173.66bps with a market […]
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 […]
Nigeria Stock Exchange, Lagos Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline […]
Feyisayo Popoola The Nigerian stock market witnessed a rebound on Wednesday as 24 stocks led by Livestock Feeds Plc recorded price appreciation. The market capitalisation of equities listed on the Nigerian Stock Exchange increased from N10.952tn on Tuesday to N10.965tn on Wednesday. The All-Share Index gained 0.12 per cent to settle at 29,202.54 basis points […]
Corporate Actions Corporate actions are decisions taken by companies’ boards of directors or management teams, that could have impacts on the firms themselves or shareholders. Examples of corporate actions include the release of quarterly and full year results, payment of dividends, closing of shareholders’ registers, announcing qualification dates and Annual General Meeting (AGM) dates. Corporate […]
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 […]
The stock market fell further yesterday following losses by bellwether counters. Consequently, the Nigerian Stock Exchange All-Share Index (NSE ASI) that hit a-15 month low on Monday, went down further by another 0.48 per cent to close lower at 33,449.17, while market capitalisation shed N59.3 billion to close at N12.2 trillion. However, the decline in […]
Honeywell Flour mills recently expanded one of its plants in Nigeria, which included the installation of Bühler’s Antares roller mills. Photo courtesy of Bühler. Nigeria, the most populous country in Africa, is a massive market for wheat flour served by some of its biggest flour milling companies in a highly concentrated industry. Low local production […]
© Reuters. Nigeria stocks higher at close of trade; NSE 30 up 0.63% Investing.com – Nigeria stocks were higher after the close on Friday, as gains in the Insurance , Food, Beverages & Tobacco and Banking sectors led shares higher. The best performers of the session on the NSE 30 were Dangsugar (LAGOS: DANGSUG ), […]
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