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 […]

Nigeria bourse climbs to N19.6trn as DangCem, Wapco, Oando help bring N333.8bn home to investors

By Charles Abuede Naira gains N3 at start of Christmas week T-bills close negative, FGN bonds positive The Nigerian equities market continued its positive run with an advance of 174 basis points as the week opened Monday on the back of a similar positive close last week. It represented 1.74 percent growth as the index […]

GTBank, UBA, WAPCO halt bullish trend at Africa’s best-performing stock market

GTBank, UBA, WAPCO halt bullish trend at Africa’s best-performing stock market

Nigerian stocks ended the last trading session on a near stalemate. The All Share index dropped slightly by -0.01% to close at 38,800.01 index points as against the +2.40% gain seen on Wednesday. Its Year-to-Date (YTD) returns currently stands at +44.55%. Nigerian Stock Exchange capitalization stood at N20.279 trillion. Nigerian bourse trading turnover plunged significantly […]