stock market Stock Market Declines 5.9% In August The Nigerian equities market recorded a decline of 5.86 per cent in the month of August reflecting prevailing negative investors’ sentiments. About 1.63 per cent of the decline was recorded last week as the Nigerian Stock Exchange All-Share Index (NSE ASI) closed lower at 34,848.45. Although trading […]
Key performance indices, the NSE All Share Index (ASI) and market capitalisation, yesterday fell by 0.32 per cent, halting two days gaining streak, as market speculators embarked on profits taking. Driven by decline in value of most financial and consumer stocks, the equities market began the trading week on a negative note. Consequently, the All-Share […]
Nigerian equities market yesterday began the trading week on a decline, to reverse the previous trading days’ positive trend, as investors lost N42billion. The Nigerian Stock Exchange -All Share Index (NSE-ASI) shed 114.81 absolute points, representing a decline of 0.32 per cent to close at 35,311.36 points. Also, the market capitalisation declined by N42 billion […]
Niger Insurance Plc is set to attract fresh capital from new investors in a bid to drive its transformation initiative. Chairman of the company, Mr. Hamisu Abubakar, who disclosed this at the company’s annual general meeting in Lagos, said that the transformation initiative will revolve around retail strategy, its culture and processes to produce a […]
The Nigerian Stock Exchange (NSE) continued to stumble as the all share index closed at 36,232.66 basis points down 0.20%. Year to date, the index is down 5.26%. Top Gainers and Losers Courtville Business Solutions closed at N0.22, down 10%. Sterling Bank closed at N1.49, down 9.56%. Niger Insurance closed at N0.39, down 8.33%. On […]
stock exchange market complex, Lagos The All-share index at the Nigeria Stock Exchange shrank by 0.32 percent to settle at 35,311.36 basis points at the end of trading on Monday. This is as the market capitalization dropped to N12.891tn from N12.933tn made on Friday. Overall, the NSE depreciated by N42bn just as there were 14 […]
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 […]
NSE The financial services industry (measured by volume), dominated in volume terms at the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), with 824.153 million shares valued at N9.274 billion traded in 11,620 deals. The development represents 59.23% to the total equity turnover volume, while the services industry […]
The stock market extended its bearish performance into the fifth consecutive trading session on Thursday as equities investors lost a total of N94.36 billion over the losing streak on sustained profit taking activity after last Thursday’s rebound. Specifically, the benchmark index of the Nigerian Stock Exchange (NSE), the All Share Index (ASI), dropped by 0.19 […]
Nigerian Stock Exchange Transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, following price losses suffered by most blue chip stocks, causing market capitalisation to dip further by N21billion. Yesterday, the All-Share Index (NSE-ASI) was down by 67.16 absolute points, representing a dip of 0.19 per cent, closing […]
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