Lagos – Losses in market bellwethers – Dangote Cement (-0.6%), Zenith Bank (-2.5%) and Access Bank (-6.6%) – dragged the All Share Index down 0.31 per cent to 31,042.32 points, reverting its positive close at the previous trading session. As a result, investors lost N36.2 billion in value as market capitalisation fell to N11.6 trillion […]
Tag: XNSA_GUARANTY
NSE market capitalisation increases by N24 billion
The Nigerian Stock Exchange (NSE) market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent. Specifically, the All-Share Index which opened at 29,553.12 grew by 63.26 points or 0.21 points to close at 29,616.38 due to marginal gains by some blue chips. Also, the market capitalisation which opened at N11.100 […]
Sustained Sell-Offs Drag NSE Index Down 1.85%
Lagos – Nigerian Stock Exchange, All Share Index extended negative outlook to record the third consecutive decline for the week by 1.85 per cent loss yesterday to drop below 30,000 basis points. The All Share Index went down by 558.04 absolute points, representing a dip of 1.85 per cent, closing at 29,668.73 points while market […]
Nigeria bourse extends positive trend, up 0.53%
The Nigerian bourse extended positive for the second consecutive day with the market capitalisation rising further by another N58 billion. The market capitalisation on Thursday rose by N58 billion or 0.53 per cent to close at N11.023 trillion compared with N10.965 trillion on Wednesday. Nigeria- map The All-Share which opened at 29,193.42 inched 154.20 points […]
Stock market recovers with N16.5bn gain
The Nigerian stock market on Wednesday recovered from its loss to record a total of N16.5 billion gain. Livestock Feeds Plc led 24 stocks in the appreciation spree. The market capitalisation of equities listed on the Nigerian Stock Exchange (NSE) bounced back from N10.952tn on Tuesday to N10.965tn on Wednesday. The All-Share Index settled at […]
Market reopens bearish as index plunges further by 1.53%
[FILES] Nigerian Stock Exchange (NSE) Continued price losses by many blue-chip stocks, yesterday depressed the indices further as transactions on the Nigerian Stock Exchange (NSE) reopened on a downturn making the All-share index plunge by 1.53 per cent. Yesterday, the All -share index (ASI) shed 454.14 absolute points, representing a dip of 1.53 per cent […]
NSE All-Share Index Hits 52-Week Low on Continuing Bear Run
Goddy Egene The Nigerian Stock Exchange (NSE) All-Share Index hit a 52-week low yesterday, falling by 1.53 per cent to close at 29,162.24, while market capitalisation shed N170 billion to close at N10.953 trillion. The bearish trend has persisted as investors continued to ignore corporate results and dividend announcements by companies, leading to a decline […]
Stock market reverses previous gains as indices plummet by N36b
Following price losses incurred by most highly capitalised stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE) reopened on a negative note, as market capitalisation plunged by N36 billion. Reversing the positive trend at the previous trading session, the All-Share Index (ASI) shed 97.03 absolute points yesterday, representing a dip of 0.31 […]
Banking Sector Spur Stocks Market To Marginal Gain
The Nigerian stocks market yesterday recorded marginal gain of 0.01 per cent to halt three successive sessions of closing negative, which was majorly impacted by gains in the Banking sector. Also, Wema Bank was the most active stocks as it traded 1.7 billion shares, valued at N1.28 billion. The All Share Index (ASI) gained by […]
Presco, GTB, others lead stock market’s N2 billion gain
[FILES] Nigerian Stock Exchange (NSE) Transactions on the equities sector of the Nigerian Stock Exchange (NSE ) closed in an upbeat yesterday to halt three successive sessions’ negative trend, as price gains recorded by many blue-chip companies, especially Presco and Guaranty Trust Bank (GTB), aided market capitalisation’s marginal appreciation. Specifically, at the close of transactions […]