Equities market maintains previous day sentiments as the Nigerian Stock Exchange All Share Index was up 0.53 per cent to close at 39,293.14 basis points on Thursday. This bullish moderated the ASI’s Year-to-Date (YtD) return to -2.43 per cent. This outing pegged the market capitalization at N20.558 trillion as investors earned N108 billion on Thursday. […]
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Nigerian stock market advances further by 0.53%
Nigerian stock market trading floor brandspur Consequently, the month-to-date and year-to-date losses moderated to 1.3 per cent and 2.4 per cent, respectively. Stock market gain was driven by price appreciation in large and medium capitalised stocks. The include Stanbic IBTC Holdings, MTN Nigeria Communications (MTNN), GlaxoSmithKline Consumer Nigeria, UPDC Real Estate Investment Trust and Lafarge […]
Nigeria stock market dips N38bn amid blue chips loss
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 […]
Equities Shed N464bn as Profit Taking Halts Bull Run
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 […]
Stock market reopens, upbeat as index rises by 0.80%
The Nigerian stock market yesterday reversed its losing streak to reopen upbeat, as the All-Share Index (ASI) gained 0.80 per cent following appreciation in BUA Cement and 18 other stocks. The stock market resumed trading yesterday, after Christmas two-day holidays. The ASI gained 310.16 absolute points, representing a gain of 0.80 per cent to close […]
All-Share Index Rises 0.8% as Market Sustains Positive Momentum
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
NSE ranked world’s best-performing stock market in 2020
The Nigerian Stock Exchange (NSE) has been named the best-performing stock market among the 93 equity indexes being tracked by Bloomberg across the world. The all-share index which opened at 38,800.01 inched higher by 310.16 points or 0.80 percent to cross the 39,000 mark and close at 39,110.17. Also, the market capitalisation rose by N167 […]
NSE Reopens Trading With N167bn Gain After Christmas Holidays
Stock Market NSE Reopens Trading With N167bn Gain After Christmas Holidays The Nigerian Stock Exchange reopened trading on Tuesday after the holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. Specifically, the All-Share Index which opened at 38,800.01 inched higher by 310.16 points or 0.80 per cent to close […]
Nigeria: All-Share Index Rises 0.8% As Market Sustains Positive Momentum
The stock market recorded further growth yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose 0.8 per cent to close at 39,110.17, while the market capitalisation added N167.6 billion to close at N20.4 trillion. Although nine stocks appreciated compared with 20 stocks that depreciated, the performance was buoyed by strong demand for the […]
Stock market recovers with N16.5bn gain
The Nigerian stock market on Wednesday recovered from its loss to record a total of N16.5 billion gain. Livestock Feeds Plc led 24 stocks in the appreciation spree. The market capitalisation of equities listed on the Nigerian Stock Exchange (NSE) bounced back from N10.952tn on Tuesday to N10.965tn on Wednesday. The All-Share Index settled at […]