Forte Oil, Betaglass Lead NSE’s N114bn Losses The Nigerian Stock Exchange (NSE) extended its losing streak to the second trading session of the week and month of April, occasioned by sustained losses in highly capitalised stocks, especially Betaglass and Forte oil. The losses resulted to a further decline in market capitalisation by N114 billion. Yesterday, […]
The Nigerian Stock Exchange (NSE) All – Share- Index (NSE-ASI), yesterday, extended losing streak for the fifth consecutive trading days by 0.48 per cent amid sustained profit taking activity. In summary, the ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points. Also, the market capitalisation declined by […]
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 […]
Goddy Egene The stock market rebounded yesterday following bargaining hunting in banking and consumer goods counters. The market had opened for the week on Monday with a decline of 0.32 per cent. However, the losses were pared yesterday, leading to a growth of 0.53 per cent in the Nigerian Stock Exchange All-Share Index (NSE ASI) […]
nigeria stock exchange Trading activities on the floor of Nigerian Stock Exchange yesterday returned to bullish trend, gainig N75 billion. Specifically, market capitalisation of listed equities increased by 0.58 per cent to N12.966 trillion from N12.891 trillion reported on Monday. Also, the NSE All Share Index rose by 204.85 basis points to 35516.21 points from […]
Most transactions at the Nigerian equities market closed yesterday at higher prices but losses recorded by large-cap stocks overshadowed the overall market position. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average decline of 0.32 per cent, representing a net capital depreciation of N42 billion. With 26 gainers to 14 losers, most sectoral indices […]
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