Bargain Hunting In Dangote Cement Rebounds Equities Market

Bargain Hunting In Dangote Cement Rebounds Equities Market

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 […]

NSE: Trading Resumes After Eid-El-Kabir Celebration With 1.57% Growth

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 […]

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 […]

Profit taking drags stock market indices by N57b

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 […]