The bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent sell pressure. The News Agency of Nigeria (NAN) reports that the index lost, in spite of improved earnings reports, 558.04 points or 1.85 per cent to close at 29,668.73 compared with […]
Tag: XNSA_GUARANTY
Investors Lose N113bn, As NSE Index Down 0.98%
Nigerian Stock Exchange (NSE) LAGOS – The losing streak in the domestic equities market continued yesterday as the market extended its losses to the second trading session of the week on the back of sustained losses in bellwether stocks like Nigerian Breweries, Nestle Nigeria and Unilever Nigeria. As a result, the All Share Index shed […]
Equities Market Begins Week Bearish, Slips By 1.53%
LAGOS – Nigerian equities market on Monday commenced the trading week on a bearish note, with a decline of 1.53 per cent. The All Share Index (ASI) shed 454.14 basis points, representing a dip of 1.53 per cent to close at 30,226.77 points. Similarly, the market capitalisation shed N170 billion to close at N10.954 trillion. […]
Investors Lose N170bn As Nigeria Stock Market Opens New Week
The Nigeria Stock Exchange in Lagos Investors in Nigeria’s stock market on Monday lost N170bn as market capitalization fell from N11.124tn on Friday to N10.954tn, Concise News reports. This online news medium understands that the All Share Index shed 1.53 per cent to close at 29,162.24 basis points, and dragged the year-to-date loss to -7.2 […]
Bulls return as market gains N17bn
nigeria stock exchange Investment in the nation’s equity market on Thursday closed north ward, increasing by N17 billion. Specifically, Market capitalisation of listed equities increased by 0.16 per cent to N10.965 trillion from N10.948 trillion recorded on Tuesday. The Nigerian Stock Exchange (NSE) All Share Index grew by 53.08 basis points to 29202.54 points from […]
Nigerian Equity Market Rebounds, Up 0.15%
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 […]
Equities Market Sustains Bearish Run, Down 0.14%
Lagos – Nigerian equities market extended negative stance into the second trading session of the week as the Nigerian Stock Exchange- All Share Index (NSE-ASI) shed 0.14 per cent yesterday. NSE-ASI declined by 43.07 basis points, representing a decrease of 0.14 per cent, to close at 31,082.32 points. Similarly, market capitalisation shed N16 billion, to […]
Dangote Cement, 9 Others Account For 71% Equities Market Capitalisation
Dangote Cement Plc, Nestle Nigeria Plc and eight other listed companies have accounted for 71 per cent of the total Nigerian equities market capitalisation. The others are Guaranty Trust Bank (GTB), Zenith Bank, Nigerian Breweries, Stanbic IBTC, Cement Company of Northern Nigerian (CCNN), Ecobank Transnational Inc. (ETI), Unilever Nigeria, and International Breweries. Market capitalisation also […]
NSE index up 0.11%, as Dangote Cement, Custodian, Fidson, UBA top gainers
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 […]
Equities continue decline with N121b loss
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 […]