The stock market opened the week on positive note yesterday, raising hopes of recovery after two weeks of decline. The market had depreciated last week by 3.04 per cent following profit-taking and return of investors to fixed income market. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.33 per cent to close […]
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All-Share Index Rises 0.33% as Market Opens on Positive Note
The stock market opened the week on positive note yesterday, raising hopes of recovery after two weeks of decline. The market had depreciated last week by 3.04 per cent following profit-taking and return of investors to fixed income market. However, the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.33 per cent to close […]
Equity market extends gains with N24bn
Johnson Okafor The Nigerian equity market, on Thursday, sustained its positive outlook for the third trading session as the All-Share Index and the market capitalisation rose further by 0.11 per cent. The market breadth closed positive as the number of gainers at the close of trading session was 32 while decliners were 16. The ASI […]
Stock market extends gain with 0.11 index rise
Following sustained bargain-hunting in the shares of most blue-chip stocks, the Nigerian equity market extended a bullish run to three consecutive sessions, yesterday, as the All-Share Index (ASI) increased further by 0.11 per cent. At the close of transactions Wednesday, the ASI expanded by 45.10 absolute points, or 0.11 per cent increase to close at […]
Equities Market Rises Further as Bulls Consolidate Hold
Goddy Egene The bulls consolidated their hold on the market yesterday as buying interests in Dangote Cement Plc, MTN Nigeria Plc and Seplat Petroleum Development Company Plc lifted the benchmark index further. The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by 1.54 per cent to close at 40,963.14, while market capitalisation rose by N325.3 […]
Seplat, FTN Cocoa, others lead NSE N66b gain
Following gains recorded by most blue chip stocks, especially Seplat and FTN Cocoa, transactions on the Nigerian Stock Exchange (NSE) extended gain to two consecutive sessions, causing market capitalisation to appreciate further by N66 billion At the close of transactions yesterday, the All-Share Index (ASI) gained 125.70 absolute points, representing a growth of 0.31 per […]
NSE index down 1.83%, as Oando, FTN Cocoa, May and Baker shed weight
WorldStage Newsonline– Trading on the Nigerian Stock Exchange closed on a negative note, its first loss in the year on Tuesday, as the All-Share Index lost 751.25 points or 1.83 per cent to close at 40,396.14 compared with 41,147.39 achieved on Monday. Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close […]
Stock Market Gains N24bn On Blue-chip Firms
Nigerian Stock Exchange Stock Market Gains N24bn On Blue-chip Firms Equity trading on the floor of the Nigerian Stock Exchange, on Wednesday, closed on a positive note with a gain of N24bn to halt the previous day’s loss as the bulls recaptured trading activities. The Nigerian Stock Exchange All-Share Index appreciated by 0.17 per cent […]
NSE market indicators rebound by 0.17%
Also, the market capitalisation which opened at N21.122 trillion inched higher by N36 billion or 0.17 per cent to close at N21.158 trillion. RECOMMENDED ARTICLES The uptrend was driven by price appreciation in medium and large capitalised stocks, amongst which are Zenith Bank and United Bank for Africa. Others include BOC Gases, Flour Mills and […]
Buying interests in Zenith, UBA, InterBrew swing equities market northward in midweek
By Charles Abuede Despite the lull witnessed at the start of the trading session midweek, the bulls picked up momentum favouring stocks in the banking and consumer goods space as the market gained 0.17 per cent on Wednesday. Read Also: On Tuesday the market had witnessed a loss, but it rebounded Wednesday with a positive […]