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 […]
Tag: XNSA_OANDO
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 […]
Nestle, Zenith, GTB, market bellwethers, buoy Nigerian bourse to close green
By Charles Abuede Market capitalisation increased by N140 billion to N18.6 trillion Read Also: With the equities market continuing to show a bullish trend so far this week, investors believe the current development might lead up to a consolidation phase in subsequent trading days, which could then lead to a temporal reversal at the end […]
Oando gives reason for failure to submit Q3 2020 results
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, signed by Ayantola Jagun, Oando’s secretary, said the integrated energy […]
OANDO Notifies of Delay in the Publication of its Q3 2020 Financials
Monday , December 7 , 2020 / 5:00 P M / NSE / Header Image Credit: Premium Times NG Pursuant to the directive of the Nigerian Stock Exchange (NSE) this is to update Oando PLC’s (referred to as "Oando" or the "Company") shareholders and stakeholders of the delay in the release of the Company’s 2020 […]