WorldStage Newsonline– Trading on Nigerian Stock Exchange maintained a downward trend for the fifth consecutive trading days with the All-Share Index declining by 0.89 per cent. The index lost 306.52 points or 0.89 per cent to close at 34,250.74 from 34,557.26 posted on Thursday. Similarly, the market capitalisation of listed equities dipped N171 billion to […]
Goddy Egene The equities market shed N463.7 billion last week as the bullish streak was halted by persistent profit taking. Following the unprecedented growth recorded in the month of November, many investors have been locking in profits. Despite the pockets of profit taking, the market had maintained a positive weekly performance. However, that positive momentum […]
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 […]
Recently , the National Bureau of Statistics (NBS) revealed that the October 2020 Consumer Price Index (CPI) increased by 14.23 percent (year-on-year). The rise represents 0.52 percent, compared to the rate recorded in September 2020 (13.71 percent). The CPI is used to measure the inflation rate in an economy. Nigeria’s Gross Domestic Product ( GDP […]
Gains by bellwethers such as MTN Nigeria Communications Plc, Ecobank Transnational Incorporated and FBN Holdings Plc helped to sustain the positive performance at the stock market yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.10 per cent. The NSE ASI closed higher at 25,407.96, while market capitalisation added N12.8 billion to […]
Goddy Egene Gains by bellwethers such as MTN Nigeria Communications Plc, Ecobank Transnational Incorporated and FBN Holdings Plc helped to sustain the positive performance at the stock market yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.10 per cent. The NSE ASI closed higher at 25,407.96, while market capitalisation added N12.8 […]
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 Nigerian Stock Exchange ended Monday’s trading session this week, in negative territory. The All Share Index closed at 29.162.24 basis points, down 1.53%. Year to date, the index is down 7.22%. Top Gainers and Losers Mutual Benefit Assurance Plc was the best performing stock today. The stock gained 10% to close at N0.22. Neimeth […]
[FILES] Nigerian Stock Exchange (NSE) Continued price losses by many blue-chip stocks, yesterday depressed the indices further as transactions on the Nigerian Stock Exchange (NSE) reopened on a downturn making the All-share index plunge by 1.53 per cent. Yesterday, the All -share index (ASI) shed 454.14 absolute points, representing a dip of 1.53 per cent […]
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