Johnson Okafor Equity trading on the floor of the Nigerian Stock Exchange on Tuesday closed on a positive note with a gain of N75bn as the bulls regained grip on trading activities. The Nigerian Stock Exchange All-Share Index appreciated by 0.36 per cent with market breadth closing positive with 27 gainers against 20 losers. The […]
Tag: XNSA_OANDO
Nigerian stocks gain N76bn amid pressure on Dangote Cement, Ardova
Nigerian stocks gained N75.906 billion on Tuesday amidst increased investors’ interest in the shares of Dangote Cement, Ardova, NASCON, Dangote Sugar and May & Baker. The All Share Index (ASI) was up by 0.36 per cent and closed 40,295.95 basis points. Market capitalisation edged up to N21.070 trillion, according to Nigeria Stock Exchange data. Year […]
Investors Gain N75.91bn as NSEASI Inches Up by 0.36% Amid Improved Market Turnover
Tuesday January 12 , 202 1 / 0 3 : 36 PM / Proshare MARKETS / Header Image Credit: Proshare Markets Proshare Nigeria Pvt. Ltd. Equities market closed today on a positive note, as NSEASI appreciated by +0.36% to close at 40,295.95 basis points as against +0.08% appreciation recorded previously. Its Year-to-Date (YTD) returns currently […]
OVH Energy empowers youths in host communities
’Femi Asu OVH Energy Limited, an Oando licensee, says it has offered scholarships, through its University Scholarship Scheme, to 19 qualified students from universities within its host communities in the current 2020/2021 academic calendar. The firm said in a statement that it was set to drive educational development and human capacity building through its Corporate […]
Market Sentiment Turns Negative as NSEASI Dips by -1.83%
Tuesday January 05, 2021 / 03:48 PM / Proshare MARKETS / Header Image Credit:@NigeriaGov Equities market closed today on a negative note, as NSEASI depreciated by -1.83% to close at 40,396.14 basis points as against +2.18% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +0.31%. Market breadth closed negative as BOCGAS led 15 […]
NSE index down 1.83%, as Oando, FTN Cocoa, May and Baker shed weight
WorldStage Newsonline– Trading on the Nigerian Stock Exchange closed on a negative note, its first loss in the year on Tuesday, as the All-Share Index lost 751.25 points or 1.83 per cent to close at 40,396.14 compared with 41,147.39 achieved on Monday. Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close […]
High cap stocks draw market to first loss, sheds N392.8bn
Equities trading, on Tuesday, took a turn from its northward movement to record first loss in the year 2021 as the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) sheds 1.8 per cent. Precisely, the benchmark index declined by 1.8 per cent to 40,396.14 points. Accordingly, Month-to-Date and Year-to-Date gains moderated to +0.3 […]
Buying interests in Zenith, UBA, InterBrew swing equities market northward in midweek
By Charles Abuede Despite the lull witnessed at the start of the trading session midweek, the bulls picked up momentum favouring stocks in the banking and consumer goods space as the market gained 0.17 per cent on Wednesday. Read Also: On Tuesday the market had witnessed a loss, but it rebounded Wednesday with a positive […]
NSE drops N393bn on renewed profit taking
Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close at N21.122 trillion from N21.515 trillion recorded on Monday. RECOMMENDED ARTICLES Similarly, the All-Share Index lost 751.25 points or 1.83 per cent to close at 40,396.14 compared with 41,147.39 achieved on Monday. The downturn was impacted by losses recorded in medium and […]
Bears stage comeback as selloffs in BuaCem, MTN, Zenith Bank drive market into red
By Charles Abuede Sentiments were dampened in the Nigerian equities market on Tuesday owing to profit-takings on top stocks that posted their biggest wins in the previous year, forcing the local bourse to retreat to a bearish stance on the second trading day of the week and the year. It offered strong indications that the […]