Nigerian Stock Exchange NSE: Market Resumes From Easter Holidays With N78bn Loss The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to persistent bearish trend, the News Agency of Nigeria reports. Specifically, the All-Share Index lost 150.13 points or 0.39 per cent to close […]
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Nigerian stocks creep back to positive territory as big-cap stocks lead rally
Nigerian stocks were up by 0.63 per cent or N127.9 billion on Wednesday as investors regained morale after a significant loss at the previous trading dented confidence. The upbeat close rested on gains by sector leaders Dangote Cement, Nestle and Nigerian Breweries. Still, the cumulative appreciation recorded was not enough to offset half of the […]
Nigeria: Stocks Trading Indices Drop By 0.19%
Trading on the Nigerian Stock Exchange (NSE) reversed to negative on Tuesday with the market indicators dropping by 0.19 per cent, amid profit taking in Stanbic IBTC and Nigerian Breweries. Specifically, the All-Share Index lost 75.32 points or 0.19 per cent to close at 40,494.35 from 40,571.67 recorded on Monday. Consequently, the month-to-date loss increased […]
Nigeria: NSE All-Share Index Sheds 0.19% As Bears Return
The bears returned to the local bourse yesterday pulling, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 0.19 per cent to close at 40,494.35. The market had opened for the week on positive note after two weeks of decline, raising hopes that the bargain hunting could be sustained. However, sell-offs in Stanbic IBTC […]
Stock investors gain N60bn as Seplat, 30 others rise
’Femi Asu Investors in the nation’s stock market gained N60bn on Monday as Seplat Petroleum Development Company Plc and 30 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.33 per cent to close at 40,571.67 basis points on Monday from 40,439.85bps on Friday. The market capitalisation of listed equities increased […]
Nigeria: All-Share Index Rises 0.33% As Market Opens On Positive Note
The stock market opened the week on positive note yesterday, raising hopes of recovery after two weeks of decline. The market had depreciated last week by 3.04 per cent following profit-taking and return of investors to fixed income market. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.33 per cent to close […]
All-Share Index Rises 0.33% as Market Opens on Positive Note
The stock market opened the week on positive note yesterday, raising hopes of recovery after two weeks of decline. The market had depreciated last week by 3.04 per cent following profit-taking and return of investors to fixed income market. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.33 per cent to close […]
Stock market extends gain with 0.11 index rise
Following sustained bargain-hunting in the shares of most blue-chip stocks, the Nigerian equity market extended a bullish run to three consecutive sessions, yesterday, as the All-Share Index (ASI) increased further by 0.11 per cent. At the close of transactions Wednesday, the ASI expanded by 45.10 absolute points, or 0.11 per cent increase to close at […]
Stock market rises further by 1.20%
Bulls extended their dominance in the Nigerian equity market to seventh successive sessions yesterday, as the All-Share Index (ASI) appreciated by 1.20 per cent. At the close of transactions, the ASI gained 450.21 absolute points, representing a gain of 1.20 per cent to close at 37,893.61 points. Similarly, the overall market capitalisation appreciated by N235 […]
Dangote, Airtel Africa, Ecobank up W/W, investors gain N1.33 Trillion
Nigerian Stocks were fired up at the last trading session of the week cumulatively. The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively. Investors gained N1.33 trillion. A total turnover of 1.893 billion shares worth N17.647 billion in 20,660 deals was traded this week by […]