WorldStage Newsonline– Nigerian Stock Exchange extended bullish posture on Wednesday with the market capitalisation increasing further by N214 billion on sustained bargain hunting of blue chips. Specifically. the market capitalisation which opened at N20.446 trillion rose by N214 billion to close at N20.660 trillion supported by interestes in BUA Cement. Also, the All-Share Index appreciated […]
The domestic equities market opened for the week on Monday on a positive note with the All-Share Index appreciating by 1.73 per cent, amid buying interest in Dangote Cement and 25 other stocks. Specifically, the index which opened at 34,250.74 rose by 592.70 points or 1.73 per cent to close at 34,843.44. Accordingly, month-to-date loss […]
Goddy Egene The bulls came back strong yesterday to open the stock market on a positive note after depreciating last week. Last week, the bull run was halted following sustained profit taking. However, yesterday, the market appreciated lifting the Nigerian Stock Exchange (NSE) All-Share Index (ASI) by 1.73 per cent to close at 34,843.44. In […]
By Charles Abuede Naira gains N3 at start of Christmas week T-bills close negative, FGN bonds positive The Nigerian equities market continued its positive run with an advance of 174 basis points as the week opened Monday on the back of a similar positive close last week. It represented 1.74 percent growth as the index […]
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 […]
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued southward for the third successive sessions, as investors wealth plunged by N278 billion The All-Share Index (ASI) lost 531.25 absolute points or 1.53 per cent to close at 34,242.83 points. Similarly, the overall market capitalisation value also shed N278 billion to close at […]
The Nigerian stock market opened for four trading days this week as the Federal Government of Nigeria declared Thursday 1st October 2020 a Public Holiday. The All-Share Index appreciated by 2.53% while Market Capitalization appreciated by 2.55% to close the week at 26,985.77 and N14.105 trillion respectively. Investors gained a whopping N350.12bn. A total turnover […]
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 […]
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 […]
Buy, Sell, Hold Stocks on our Buy Sell Hold are drawn from various analysts’ reports, as well as the top gainers and losers from the previous week. Zenith Bank: HOLD Recent R esults : Gross earnings dipped from N745 billion in 2017 to N630 billion in 2018. Profit before tax, however, rose from N199 billion […]
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