Specifically, the market capitalisation shed N38 billion or 0.21 per cent to close at N18.327 trillion from N18.365 trillion achieved on Friday. Also, the All-Share Index which opened at 35,137.99 lost 73.63 points to close at 35,064.36. Consequently, month-to-date and year-to-date gains moderated to 0.1 per cent and 30.6 per cent, respectively. The downtrend was […]
Tag: XNSA_NB
Capitalisation hits N20tr as investors gain N476b in a day
Nigerian Stock Exchange (NSE) The market capitalisation of the Nigerian Stock Exchange (NSE) hit N20 trillion at the end of transactions yesterday, as sentiments remained upbeat for the eight successive sessions. At the close of trading, the overall market capitalisation appreciated by N476 billion to close at N20.281 trillion. Similarly, the All-Share Index (ASI) gained […]
Airtel, BOCGAS, BUACEMENT lift Nigerian Stocks value to N20.3 trillion
The Nigerian Stock market was all fired up at Wednesday’s trading session. The All Share index gained 2.40% to close at 38,803.74 index points as against +1.20% appreciation recorded on Tuesday. Its Year-to-Date (YTD) returns currently stands at +44.56%. Nigerian Stock Exchange market value now stands at N20.281 trillion. Nigerian trading turnover ended also on […]
Profit-taking persists as investors wealth plunge further by N278b
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 […]
NSE market capitalisation ups 0.8% with Total, Eterna, UACN as top gainers
WorldStage Newsonline– The Nigerian Stock Exchange (NSE) market capitalisation crossed N14 trillion mark on the last trading day of September due to sustained confidence. Speficially, the market capitalisation on Wednesday rose by N118 billion or 0.84 per cent to close at N14.025 trillion against N13.907 trillion achieved on Tuesday. The increase in the market capitalisation […]
Heineken scoops more Nigerian Breweries shares in insider disclosure
Nigerian Breweries major shareholder, Heineken disclosed it purchased 274,542 units at an average price N35.76 per unit. Insider disclosures are reported on the Nigerian Stock Exchange as a regulatory requirement especially when it informs a major shareholder or director of a company purchasing shares in the company they own. In a related development, its chairman […]
Nigerian Capital Market – Pandemic, Performance and Palliative
Across the world, the impact of the novel coronavirus is still severe despite the ease of lockdown for economic reasons. The uncertainty continues to heighten and no economy is spared from the fall-out from the COVID-19 outbreak. Many African capital markets are bearish: Namibia, South Africa, Mauritius, Egypt, Morocco, Kenya, Ghana, Malawi and a few […]
Nigeria’s Bourse Resumes Trading in June With 0.19 Per Cent Growth
The nation’s bourse resumed trading in June on a positive note, with the All-Share Index appreciating by 0.19 per cent. Specifically, the index rose by 48.33 points or 0.19 per cent to close at 25,316.15 compared with 25,267.82 posted on Friday. Also, the market capitalisation which opened the month at N13.168 trillion inched higher by […]
Investors exchange shares worth N1.68bn
nigeria stock exchange Investors on Tuesday traded 143.708 million shares worth N1.682 billion in 3457 deals. This is against 168.721 million shares valued at N3.751 billion exchanged hands the previous day in 3048 deals. The Nigerian Stock Exchange trading result for the day showed that All share Index declined to 31038.86 points from 31042.32 points […]
Equity market declines by N169bn
nigeria stock exchange ……..As investors trade shares worth N4.536bn Investors on Tuesday traded 376.947 million shares worth N4.536 billion in 4018 deals. This is against 1.724 billion shares cost N3.678 billion in exchanged hands the previous day in 3251 deals. Market capitalisation of listed equities declined by N169 billion to N11.353 trillion from N11.522 trillion […]