By Dipo Olowookere Nigerian stocks returned to the territory of the bears on Tuesday after depreciating by 0.01 per cent at the close of transactions by 2:30 pm. Renewed profit-taking in Oando, Access Bank, UBA, UAC Nigeria and 11 others weakened the market and caused the All-Share Index (ASI) to decrease by 6.14 points to […]
Price losses recorded by some companies in the petroleum marketing subsector, especially MRS and Eterna oil yesterday dragged the All-Share Index (ASI) by 0.01 per cent. Specifically, at the close of transactions yesterday on the Nigerian Exchange Limited (NGX), the ASI declined by 6.14 per cent, representing a decrease of 0.01 per cent, to close […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday closed on a negative note with a decline of 0.01 per cent as investors’ take profit in MRS Oil Nigeria Plc, Eterna Plc and 19 other stocks. The stock market performance of yesterday witnessed Eterna dropping by 9.91, MRS Oil Nigeria depreciated by […]
Positive sentiments continued in the local bourse as major indicators showed bullish feeling as the market continued to witness bargain hunting for value stocks from investors who exited trading on Wednesday with N25 billion gains. Analysts at Afrinvest Research have, however, maintained that the bullish performance will be extended on the back of bargain hunting […]
By Dipo Olowookere The bulls extended their stay on the floor of the Nigerian Exchange (NGX) Limited on Wednesday following a 0.12 per cent growth, which was largely driven by MTN Nigeria, GTCO, Oando and Honeywell Flour Mills. Business Post reports that despite the positive outcome of the market, investor sentiment still remained negative as […]
Darasimi Adebisi The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications (MTN) and 13 others. At the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at […]
Investors lost N360bn on Tuesday at the end of trading on the floor of the Nigerian Exchange Limited as the stock market extended its decline. The NGX All-Share Index fell by 1.81 per cent to close at 37,847.07 basis points from 38,545.3bps on Monday, while the market capitalisation dropped to N19.73tn from N20.09tn. A total […]
Nigerian stocks fell a little on Thursday, trading down 0.02 per cent as sell-offs in the shares of GTCO and Oando helped set in motion a loss in the sum of N4 billion. The development followed two straight days of gain by the bourse, which has now fallen by 5.89 per cent so far this […]
By Charles Abuede Naira trades flat at I&E, CBN official windows Read Also: The Nigerian equities market continues its staggering movement on the back of mixed sentiment as investors anticipate the release of audited company financials due to start hitting the market before the end of the month. Despite some hints of gains, the bears […]
STOCK The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, […]
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