Nakuru Governor Lee Kinyanjui during the World Habitat Day celebration at the Nawascoal briquettes plant at Kaloleni in Nakuru County on October 7, 2019 Last week, Nakuru Governor Lee Kinyanjui was among three Kenyans who won prestigious African Magazine Leadership Awards 2020. The editorial board of the Africa Leadership magazine also picked KenGen CEO Rebecca […]
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 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 […]
The Nigerian equities market extended its losses to the second trading session of the week and month of April on the back of sustained losses in high capitalised stocks. As a result, the All Share Index (ASI) shed 300.73 absolute points, representing a dip of 0.99 per cent to close at 30,226.77 points. Similarly, the […]
By Dipo Olowookere Transactions on the Nigerian Stock Exchange (NSE) closed 1.66 percent lower on Monday after investors embarked on profit taking. The loss took out the gains posted by the local bourse last Friday. The All-Share Index (ASI), which closed at 31,041.42 points last Friday, decreased yesterday by 509.73 points to finish at 30,531.69 […]
By Dipo Olowookere Trading resumed on the floor of the Nigerian Stock Exchange (NSE) on Monday on a negative note as a result of selloffs by investors. This led a loss of N36 billion in the market capitalisation, which closed at N11.576 trillion against N11.612 trillion it ended last Friday. Investors had hoped for the […]
Equities Market Lagos – After five consecutive trading days of bearish run, the Nigerian equities market rebounded yesterday when the two major indicators, the All Share Index and Market Capitalisation appreciated by 0.2 per cent each. In today’s trading session, the 5-day bearish run in the domestic equities market was The halt was as a […]
Lagos – Losses in market bellwethers – Dangote Cement (-0.6%), Zenith Bank (-2.5%) and Access Bank (-6.6%) – dragged the All Share Index down 0.31 per cent to 31,042.32 points, reverting its positive close at the previous trading session. As a result, investors lost N36.2 billion in value as market capitalisation fell to N11.6 trillion […]
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 […]
Equities segment of the Nigerian Stock Exchange began trading for the week on a negative note, following profit taking activities in Nestle Nigeria Plc (-8.3%) and Eco Transnational Incorporated (-3.4%) and losses in Nigerian Breweries (-5.6%). Consequent on this, the All Share Index (ASI) retreated by 1.6 percent to 30,531.69 points as year-to-date return further […]
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