Trading reverses on NSE, closes for Christmas with N2bn loss

Trading reverses on NSE, closes for Christmas with N2bn loss

Specifically, the market capitalisation which opened at N20.281 trillion lost two billion naira to close at N20.279 trillion. Similarly, the All-Share Index shed 3.73 points or 0.01 per cent to close at 38,800.01 from 38,803.74 recorded on Wednesday. The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Lafarge […]

Nigerian Bourse Maintains Uptrend… ASI advanced further by 1.03%

Nigerian Bourse Maintains Uptrend… ASI advanced further by 1.03%

The Nigerian equities market closed positive today as NSE-ASI gained +1.03%. The All-Share Index (ASI), advanced from its opening index of 39,110.17 points to close at 39,512.31 points. Year to date return and Market capitalization settled at 46.73%, and 20.66trillion. A total volume of 372.9 billion units of shares, valued at N11.5billion exchanged hands in […]

Bulls trump bears as interests in BuaCem, Zenith, Access ramp up market cap to N20.4trn

By Charles Abuede The bulls exerted their dominance over the Nigerian equity market Tuesday with the banking and industrial goods sectors driving the market to gain as stocks climbed higher in their first trading session after the Christmas break. The index was up 0.8 per cent to close at 39,110.17 points. The performance was buoyed […]

All-Share Index Rises 0.8% as Market Sustains Positive Momentum

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 […]

MTN Nigeria, Dangote, Oando up, Nigerian Stock Exchange gains 37% in 365 days

MTN Nigeria, Dangote, Oando up, Nigerian Stock Exchange gains 37% in 365 days

Nigerian Stock Exchange closed Friday’s trading session on a bullish note. The All Share Index gained by +1.56% to close at 36,804.75 index points as against +2.10% appreciation recorded on Thursday. Nigerian Stock Exchange capitalization now stands at N19.24 Trillion. Its Year-to-Date (YTD) returns currently stands at +37.12%. Nigerian bourse trading turnover at the last […]

NSE Reopens Trading With N167bn Gain After Christmas Holidays

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

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 […]

Nigeria stock market gains N334bn on Dangote Cement share buyback

Nigeria stock market gains N334bn on Dangote Cement share buyback

Market sentiment breadth closed at par with 23 gainers and losers [Reuters/Akintunde Akinleye] The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. Specifically, the market capitalisation rose by N334 billion or 1.74 per cent to close at N19.570 trillion compared with N19.236 trillion […]