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 […]
Tag: XNSA_OANDO
Stock Market Extends Gain With N334bn
Nigerian Stock Exchange Stock Market Extends Gain With N334bn Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by 638.65 basis points or 1.73 […]
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 […]
Equity market extends gain with N334bn
Johnson Okafor Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, market breadth closed flat with 23 gainers against 23 decliners. Consequently, the All-Share Index grew by 638.65 basis points or 1.73 per cent from 36,804.75 index points last […]
Nigeria stock market gains N334bn on Dangote Cement share buyback
Stock Market 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 achieved on Friday. Also, the All-Share Index which opened at 36,804.75 […]
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 […]
Border reopening: NSE market capitalisation hits N19trn
Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched […]
Nigerian Stock Exchange Maintains Positive Momentum; ASI Up By 1.10%
The local bourse today continued its upward trend as the benchmark All Share Index recorded a 1.10% appreciation to close at 35,225.22 index points. Investors also gained N200.77 billion at close of trading. Consequently, market capitalization and year to date return settled at N17.78 trillion and 30.91% respectively. A total volume of 264.2million units of […]
Nigeria: Oando Gives Reason for Failure to Submit Q3 2020 Results
"Oando PLC apologizes for any inconveniences caused," the company said. Nigerian energy firm, Oando Plc, says its failure to submit the third quarter 2020 financial results was caused by the indefinite suspension of the company’s Annual General Meeting. The company said this in a disclosure notice sent to the Nigerian Stock Exchange, NSE. The disclosure, […]
MTN Nigeria, Zenith Bank, Guinness, WAPCO tumble, investors lose N232 billion
The Nigerian bourse ended the fourth trading session on a negative note. Consequently, the All-Share Index plunged by 1.27% to close at 34,577.26 points as against 35.021.26 recorded the previous trading session, while the market capitalization of equities dropped to N18.072trillion as market sentiment thread in the negative territory. A total volume of 553.9 million […]