The bearish sentiment in the Nigerian equities market was reversed last week as gains in Dangote Cement rebounded the Nigerian Stock Exchange-All Share Index (NSE-ASI) from three consecutive weeks of losses and posting the highest weekly gain in eight weeks. Consequently, the benchmark index rose 159.88 points or 0.45 per cent Week-on-Week (W-o-W) to close […]
Tag: XNSA_SKYEBANK
NSE: Trading Resumes After Eid-El-Kabir Celebration With 1.57% Growth
Transactions reopened on the Nigerian Stock Exchange (NSE) on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent. Specifically, the All-Share Index which opened at 34,663.48 rose by 542.68 points or 1.57 per cent to close at 35,206.16 compared with 34,663.48 achieved on Monday. Similarly, the market […]
Market Capitalisation Drops By N458bn In 19days
Nigerian Stock Exchange Market Capitalisation Drops By N458bn In 19days The market capitalisation of equities listed on the Nigerian Stock Exchange declined by N458bn within 19 days of trading. The market capitalisation dropped from N13.391tn on August 2, 2018 to N12.933tn on August 24. It appreciated by 0.45 per cent last week. The NSE All-Share […]
Nigeria stocks lower at close of trade; NSE 30 down 0.52%
© Reuters. Nigeria stocks lower at close of trade; NSE 30 down 0.52% Investing.com – Nigeria stocks were lower after the close on Wednesday, as losses in the Insurance , Food, Beverages & Tobacco and Banking sectors led shares lower. The best performers of the session on the NSE 30 were Skye Bank (LAGOS: SKYEBAN […]
Stock market records mid-week loss
Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday closed downswing, as the overall market performance indices dropped by 0.44 per cent. Transactions on the stock market had the previous day also closed on the positive trajectory. However, at the close of trading yesterday, the All-Share Index dropped by 157.27 basis points […]
NSE: Bears resume with 0.58% gain
The Nigerian Stock Exchange (NSE) yesterday resumed gaining streak as activities on the shares of blue chip companies led gainers to lift the overall performance indices after a marginal drop the previous day. The twin performance gauges, NSE ASI and market capitalisation, increased by 0.58 per cent even as most sectored gauge closed in the […]
NSE-ASI Falls By 0.44% On Industrial, Consumer Goods Stocks
The Nigerian stocks market fell by 0.44 per cent amid renewed profit taking activity in Industrial and Consumer Goods stocks, reversing previous day’s positive sentiment. The Nigerian Stock Exchange-All Share Index (NSE-ASI) shed 157.27 absolute points, representing a decline of 0.44 per cent to close at 35,358.94 points. Also, the market capitalisation declined by N57 […]
Nigeria Stock Market Capitalization Falls By N57bn
The Floor of Nigerian Stock Exchange Market capitalization on the floor of the Nigerian Stock Exchange (NSE) depreciated on Wednesday by N57billion to close at N12.909trillion. This is as the All Share Index reduced by 157.27 absolute points, a fall of 0.44 percent to close at 35,358.94 points. The development was due to profit-taking in […]
Profit taking drags stock market indices by N57b
Nigerian Stock Exchange Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday’s positive sentiment, as market capitalisation depreciated by N57billion. Specifically, at the close of transactions yesterday, the All Share Index (NSE-ASI) shed […]
NSE: Bears halt 2 days’ gaining streak
Key performance indices, the NSE All Share Index (ASI) and market capitalisation, yesterday fell by 0.32 per cent, halting two days gaining streak, as market speculators embarked on profits taking. Driven by decline in value of most financial and consumer stocks, the equities market began the trading week on a negative note. Consequently, the All-Share […]