Investors at the Nigerian Stock Exchange on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria reports. NAN reports that this was against 143.708 million shares worth N1.67 billion traded in 3,457 deals on Tuesday. The Financial Service Sector remained the toast of […]
Tag: XNSA_PRESCO
Investors Lose N36.19bn as NSEASI Dips By -0.31% To Open The Week Negative
Equities market closed today on a negative note, as NSEASI depreciated by 0.31% to close at 31,042.32basis points as against 0.82% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -1.24%. Market breadth closed negative as REDSTAREX led 12 Gainers as against 19 Losers topped by ACADEMY at the end of today’s session- an […]
Presco Is Outperforming Market With Room For Price Gains
Lagos – Presco, the leading palm oil company in Nigeria is outperforming the market after a nine month bottom line that looked little different than the equivalent position Year-on-Year. But the stock is trading at multiples that could send the stock trading higher if full year results turns out better than the equivalent period. Even […]
Equities Trading Closes Green After N2bn Gain
By Dipo Olowookere The first gain on the Nigerian Stock Exchange (NSE) this week was achieved on Thursday after the market closed slightly higher by 0.01 percent. The market capitalisation increased yesterday by N2 billion to close at N11.594 trillion, while the All-Share Index (ASI) increased by 4.05 points to settle at 30,833.50 points. Despite […]
6 Banks Dominate Losers’ Chart on NSE
Chika Amanze-Nwachuku Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and […]
Investors exchange shares worth N1.68bn
nigeria stock exchange Investors on Tuesday traded 143.708 million shares worth N1.682 billion in 3457 deals. This is against 168.721 million shares valued at N3.751 billion exchanged hands the previous day in 3048 deals. The Nigerian Stock Exchange trading result for the day showed that All share Index declined to 31038.86 points from 31042.32 points […]
Equities Market Records Marginal Decline, Down 0.01%
Nigerian Stock Exchange (NSE) Lagos – Nigerian Stock Exchange – All Share Index (NSE-ASI) recorded a marginal decline to close the second trading session of the week yesterday. The All Share Index (ASI) shed 3.46 absolute points, representing a dip of 0.01 per cent to close at 31,038.86 points. Meanwhile, the market capitalisation gained N95 […]
NSE: Equity trading closes upbeat, market indicators up by 0.01%
Transactions on the Nigerian Stock Exchange on Thursday closed on a positive note with some blue chips recording price gains. The News Agency of Nigeria reports that Presco topped the gainers’ chat, gaining N6 to close at N68 per share. Nascon came second on the gainers’ chart with N1.8 to close at N20 per share. […]
Nigeria Stocks gain momentum as All Share Index rise
Employees work on the trading floor at the Nigerian Stock Exchange (NSE) in Lagos, Nigeria, on Monday, Oct. 26, 2015. Nigeria plans to create a $25 billion fund with public and private financing to modernize infrastructure and avoid a recession, Vice President Yemi Osinbajo said. Photographer: George Osodi/Bloomberg via Getty Images The local bourse slightly […]
Banking Sector Spur Stocks Market To Marginal Gain
The Nigerian stocks market yesterday recorded marginal gain of 0.01 per cent to halt three successive sessions of closing negative, which was majorly impacted by gains in the Banking sector. Also, Wema Bank was the most active stocks as it traded 1.7 billion shares, valued at N1.28 billion. The All Share Index (ASI) gained by […]