Weekly Economic Index: Decline in the total turn over of shares at the stock market

Weekly Economic Index: Decline in the total turn over of shares at the stock market

The last week of December 2020 was another brief trading week as the federal government of Nigeria declared Monday, 28th December 2020 and Friday, 1st January 2021 as Public Holidays to celebrate Boxing day and the New Year respectively. Meanwhile, a total turnover of 1.806 billion shares worth N25.966 billion in 14,634 deals was traded […]

Nigeria stock market dips N38bn amid blue chips loss

Nigeria stock market dips N38bn amid blue chips loss

Specifically, the market capitalisation shed N38 billion or 0.21 per cent to close at N18.327 trillion from N18.365 trillion achieved on Friday. Also, the All-Share Index which opened at 35,137.99 lost 73.63 points to close at 35,064.36. Consequently, month-to-date and year-to-date gains moderated to 0.1 per cent and 30.6 per cent, respectively. The downtrend was […]

Profit taking persist on NSE, market capitalisation loses N232bn

Profit taking persist on NSE, market capitalisation loses N232bn

Stock Market The Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion. Specifically, the market capitalisation which opened at N18.304 trillion dipped N232 billion to close at N18.072 trillion. Also, the All-Share Index lost 464.00 points or 1.32 per cent to close […]

Trading reverses on NSE, closes for Christmas with N2bn loss

Trading reverses on NSE, closes for Christmas with N2bn loss

Specifically, the market capitalisation which opened at N20.281 trillion lost two billion naira to close at N20.279 trillion. Similarly, the All-Share Index shed 3.73 points or 0.01 per cent to close at 38,800.01 from 38,803.74 recorded on Wednesday. The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Lafarge […]

All-Share Index Rises 0.8% as Market Sustains Positive Momentum

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 […]