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 […]
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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 […]
NSE turns bearish again, as Fidson Healthcare Plc marks worst day yet
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 […]
Market reopens bearish as index plunges further by 1.53%
[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 […]
Market reopens bearish as index plunges further by 1.53%
[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 […]
Stock Market Rebounds on Bargain Hunting in Bellwethers
Goddy Egene The stock market pared losses Wednesday as investors embarked on bargain hunting after days of bearish run. The persistent bear run had pushed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to a 52-week low two days ago. However, some investors moved in to take advantage of low valuations. Consequently, the NSE ASI […]
Equities Market Begins Week Bearish, Slips By 1.53%
LAGOS – Nigerian equities market on Monday commenced the trading week on a bearish note, with a decline of 1.53 per cent. The All Share Index (ASI) shed 454.14 basis points, representing a dip of 1.53 per cent to close at 30,226.77 points. Similarly, the market capitalisation shed N170 billion to close at N10.954 trillion. […]
Investors Lose N170bn As Nigeria Stock Market Opens New Week
The Nigeria Stock Exchange in Lagos Investors in Nigeria’s stock market on Monday lost N170bn as market capitalization fell from N11.124tn on Friday to N10.954tn, Concise News reports. This online news medium understands that the All Share Index shed 1.53 per cent to close at 29,162.24 basis points, and dragged the year-to-date loss to -7.2 […]
NSE rebounds as bargain hunting pushes index by 0.1%
Nigerian Stock Exchange After few days of downturn, and the bulls upstaged the bears on the trading floor of the Nigerian Stock Exchange (NSE), occasioned by bargain hunting in the bellwethers, as the All-share index increased marginally by 0.1 per cent.Yesterday, the All Share Index (ASI) gained 34.85 absolute points, representing a growth of 0.12 […]
Stock investors lose N170bn, market cap falls below N11tn
Feyisayo Popoola THE nation’s stock market opened the week on a bearish note as investors lost N170bn on Monday. The equities market, which lost N343bn on four trading sessions last week, saw its market capitalisation drop from N11.124tn on Friday to N10.954tn on Monday. The All Share Index shed 1.53 per cent to close at […]