Nigeria Stock Exchange, Lagos Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline […]
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 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 […]
Best-performing-stocks-march-2019 For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks in […]
Nigerian Stock Exchange (NSE) For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best […]
Forte Oil, Betaglass Lead NSE’s N114bn Losses The Nigerian Stock Exchange (NSE) extended its losing streak to the second trading session of the week and month of April, occasioned by sustained losses in highly capitalised stocks, especially Betaglass and Forte oil. The losses resulted to a further decline in market capitalisation by N114 billion. Yesterday, […]
Goddy Egene The Nigerian equities market witnessed further decline yesterday as investors appeared to be ignoring the 2018 financial results of companies. The market had shed 1.2 per cent in the first quarter of 2019 majorly due to political risks. Stakeholders have been hoping that the reduced political tension after the general elections and release […]
The Nigerian equities market closed marginally in negative territory amid sustained profit taking activity as investors continued to patronise fixed income assets. The decline in overall market performance was partly subdued by partial recovery in the share prices of Dangote Cement and Zenith Bank, amid technical marked down for dividend. The benchmark index posted losses […]
Lagos – The local bourse regained losses from earlier trading sessions to close slightly bearish, as sell-offs in market bellwethers outpaced last-minute bargain hunting activities. A total turnover of 1.198 billion shares worth N12.273 billion in 18,293 deals were traded last week by investors on the floor of the Exchange in contrast to a total […]
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close […]
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