FILE PHOTO: The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. Picture taken November 9, 2016. REUTERS/Afolabi Sotunde/File Photo 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 […]
Tag: XNSA_SKYEBANK
Stock market investors’ lose N220b ahead of Eid-El-Kabir celebration
Nigerian Stock Exchange Ahead of the Eid-El-Kabir celebration, transactions on the equity sector of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, following price losses suffered by virtually all the blue-chip stocks, as market capitalisation dipped by N220billion. In line with the Federal Government’s declaration of a two-day public holiday to mark […]
Equities lose N220b as sell-off continues
Nigerian equities reopened yesterday on a negative note as widespread selloffs within the large-cap stocks led the market to a net capital loss of N220 billion. The All Share Index (ASI)-the main index that tracks share prices at the Nigerian Stock Exchange (NSE) dropped by 602.81 points, representing a loss of 1.71 per cent to […]
NSE market capitalisation shed N219 billion
Nigeria Stock Exchange (NSE) 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. Specifically, the market capitalisation dipped N219 billion to close at N12. 655 trillion compared to […]
Nigeria stocks lower at close of trade; NSE 30 down 0.40%
© Reuters. Nigeria stocks lower at close of trade; NSE 30 down 0.40% Investing.com – Nigeria stocks were lower after the close on Monday, as losses in the Banking , Food, Beverages & Tobacco and Oil & Gas sectors led shares lower. The best performers of the session on the NSE 30 were Skye Bank […]
The vigil continues for these tier one bank results
Stocks to Watch cks to watch comprise stocks that were the top gainers and losers in last week’s trading, those that released their results or made key announcements after the trading session, and those in the news. This is not a buy sell or hold recommendation. UBA Plc and Access Bank Plc Tier one lenders […]
Nigeria: Skye Bank’s acquisition of Mainstreet Bank successful with profits rising to $30m over 3 months
Skye Bank’s acquisition of Mainstreet Bank is beginning to yield appreciable results as the consolidated result for the first quarter ending March 31, 2015 submitted to the Nigerian Stock Exchange (NSE) shows a significant rise in earnings and profits, thus justifying management’s strategic decision of an acquisition that had led to a bigger bank. The […]