© Reuters. Nigeria stocks lower at close of trade; NSE 30 down 0.01% Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Food, Beverages & Tobacco , Oil & Gas and Banking sectors led shares lower. The best performers of the session on the NSE 30 were Diamond Bank […]
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NSE market capitalisation drops by N458bn
Feyisayo Popoola 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 Index also increased by 0.45 per cent to […]
Equities Market Rebounds on Bargain Hunting, Gains 0.45%
The equities market rebounded last week with the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) gaining 0.45 per cent after three weeks of decline. Although trading in the week was for only three days due to declaration of Tuesday and Wednesday as public holiday, price appreciation in Dangote Cement Plc lifted the positive performance […]
Dangote Cement, GTB, others lead stock market’s N198b gain
• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.Market capitalisation rose […]
NSE: Trading resumes after Eid-El-Kabir celebration with 1.57% growth
Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org] 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 […]
Nigeria shares lower at close of trade; NSE 30 down 0.40%
© Reuters. Nigeria shares lower at close of trade; NSE 30 down 0.40% Investing.com – Nigeria equities were lower at the close on Wednesday, as losses in the Banking , Food, Beverages & Tobacco and Oil & Gas sectors propelled shares lower. The biggest gainers of the session on the NSE 30 were Skye Bank […]
Nigerian Stock Exchange Market Capitalisation Shed N219bn
Nigerian Stock Exchange Building The market capitalisation of the Nigerian Stock Exchange (NSE) on Monday shed N219 billion, ahead of Eid-El-Kabir. The loss by the market capitalisation was as a result of huge losses suffered by major highly capitalised equities. Looking for One and Only? Ad Spend Your Summer With Charming Women UkrainianCharm Try now […]
NSE All-Share Index Closes Lower on Losses by Bellwethers
The equities market plunged further yesterday as profit taking in bellwether stocks depressed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) below 35,000 mark at 34,663.48. Similarly, market capitalisation shed N220.5 billion to close lower at N12.638 trillion. A total of 22 stocks shed weight compared with only 11 other stocks. The banking counters recorded […]
Equities Lose N220b on Monday After Friday’s N236b Gain
By Dipo Olowookere The Nigerian Stock Exchange (NSE) recorded a 1.71 percent loss on Monday after the market achieved an increase of 1.87 percent last Friday. It was observed that the decline posted by the equities market yesterday was mainly influenced by continued selloffs by investors. While the All Share Index (ASI) depreciated by 602.81 […]
Stocks Market Declines By 0.51% Despite Improved Turnover
Losses extended in the Nigerian stocks market for the third consecutive week, as the market fell week-on-week (w-o-w) by 0.51 per cent on sustained bearish activity despite 50.55 per cent improvement in turnover for the week. The All Share Index (ASI) shed 180.18 points or 0.51 per cent w-o-w to settle at 35,446.47 points while […]