Traders on the Nigerian Stock Exchange, Lagos Equity transactions on the Nigerian Stock Exchange (NSE) ended on a negative note on Friday with the market indices dropping further by 0.68 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N87 billion or 0.68 per cent to close at N12.722 trillion […]
Tag: XNSA_NB
Nigerian Breweries Plc to provide N30 million to SMEs
Nigerian Breweries LIFE Continental Lager Beer, a beverage brand from the stables of Nigerian Breweries Plc (NB), has raised N30 million for the empowerment of 100 artisans and small businesses in the southeast of Nigeria. The Portfolio Manager in-charge of Mainstream Lager and Stout of NB, Emma Agu said that the N30 million was raised […]
NSE begins week’s trading with 0.32% decline
The Nigerian Stock Exchange (NSE) kicked off this week’s trading with a 0.32% decline in the All Share Index at 35,311.36 basis point. The Market capitalization closed at N12.891 trillion. The gainer’s chart was led by Total Nigeria Plc, Flour Mills of Nigeria Plc, Lafarge Africa, Nigerian Breweries Plc and Guaranty Trust Bank with their […]
NSE: Bulls return as equity market appreciates by N75bn
nigeria stock exchange Trading activities on the floor of Nigerian Stock Exchange yesterday returned to bullish trend, gainig N75 billion. Specifically, market capitalisation of listed equities increased by 0.58 per cent to N12.966 trillion from N12.891 trillion reported on Monday. Also, the NSE All Share Index rose by 204.85 basis points to 35516.21 points from […]
Total Nigeria, 32 Others Lift Equities Market by 0.58%
By Dipo Olowookere Gains recorded by 33 counters led by Total Nigeria Plc on Tuesday reversed the loss posted on Monday by the stock market. The Nigerian Stock Exchange (NSE) had closed 0.32 percent lower yesterday, but buying interest by investors today lifted the market, closing 0.58 percent higher at the close of transactions. A […]
NSE: Transactions bearish as index falls by 0.32%
Equity transactions resumed on the Nigerian Stock Exchange on Monday on a negative note with market indices dropping marginally by 0.32 per cent. The News Agency of Nigeria reports that the market capitalisation shed N42 billion or 0.32 per cent to close at N12.891 trillion against N12.933 trillion posted on Friday. Also, the All-Share Index, […]
Equities Lose N42b After Trump’s “Lifeless” Comments on Buhari
By Dipo Olowookere The local stock market started the week on the wrong foot on Monday as political uncertainties continued to weigh in on the market. Yesterday, the Nigerian blogosphere was dominated by a report by Financial Times claiming President Donald Trump of the United States of America (USA) allegedly told his aides that he […]
High-cap stocks drag equities to N42b loss
Most transactions at the Nigerian equities market closed yesterday at higher prices but losses recorded by large-cap stocks overshadowed the overall market position. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average decline of 0.32 per cent, representing a net capital depreciation of N42 billion. With 26 gainers to 14 losers, most sectoral indices […]
Equities Market Opens Week Bearish on Losses by Bellwethers
Trading floor of the Nigeria Stock Exchange The Nigerian equities market started the week on a bearish note following losses by bellwether stocks such as Dangote Cement Plc, Nigerian Breweries Plc, GTBankPlc, FBN Holdings Plc. The benchmark index, the Nigerian Stock Exchange (NSE) All-Share Index declined by 0.06 per cent to close at 36,479.42, while […]
Equities Market Rebounds on Bargain Hunting, Gains 0.45%
The equities market rebounded last week with the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) gaining 0.45 per cent after three weeks of decline. Although trading in the week was for only three days due to declaration of Tuesday and Wednesday as public holiday, price appreciation in Dangote Cement Plc lifted the positive performance […]