Dangote cement Weekly trading on the Nigerian Stock Exchange (NSE) resumed on Monday on bearish note with the market capitalisation dropping below N11 trillion mark amid price loses by some blue chips. The market capitalisation dipped by N171 billion or 1.54 per cent to close at N10.955 trillion from the N11.124 trillion achieved on Friday. […]
Tag: XNSA_STERLNBANK
Market Capitalisation Drops to N10.953trn After 1.53% Loss
By Dipo Olowookere The 1.53 percent loss recorded by the nation’s bourse on Monday has reduced the market capitalisation to N10 trillion region. The total value of equities on the Nigerian Stock Exchange (NSE) had closed last Friday at N11.124 trillion, but the N170 billion decline posted yesterday during the trading session reduced it to […]
NSE index up 0.11%, as Dangote Cement, Custodian, Fidson, UBA top gainers
WorldStage Newsonline– The Nigerian equities market closed on a positive note Wednesday as the All-Share Index recorded a growth of 0.11 per cent to close at 29,193.42 compared with 29,158.57 posted on Tuesday. Also, the market capitalisation which opened at N10.952 trillion rose by N13 billion to close at N10.965 trillion. Dangote Cement dominated the […]
ABC Transport, Mcnichols, Dangote Flour emerge best performing stocks in Q1
Best-performing-stocks-march-2019 For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks in […]
ABC Transport, 2 others emerge best performing stocks in Q1
Nigerian Stock Exchange (NSE) For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best […]
NSE rebounds as bargain hunting pushes index by 0.1%
Nigerian Stock Exchange After few days of downturn, and the bulls upstaged the bears on the trading floor of the Nigerian Stock Exchange (NSE), occasioned by bargain hunting in the bellwethers, as the All-share index increased marginally by 0.1 per cent.Yesterday, the All Share Index (ASI) gained 34.85 absolute points, representing a growth of 0.12 […]
Stock investors lose N170bn, market cap falls below N11tn
Feyisayo Popoola THE nation’s stock market opened the week on a bearish note as investors lost N170bn on Monday. The equities market, which lost N343bn on four trading sessions last week, saw its market capitalisation drop from N11.124tn on Friday to N10.954tn on Monday. The All Share Index shed 1.53 per cent to close at […]
Investors Trade N20bn Shares in One Week as Index Sheds 4.59%
By Dipo Olowookere A total turnover of 3.544 billion shares worth N20.264 billion in 19,130 deals were traded last week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 2.629 billion shares valued at N12.794 billion that exchanged hands the previous week in 15,558 deals. In the […]
NSE turns green for the first time in April
The Nigerian Stock Exchange ended Friday’s trading session in positive territory. The All Share Index closed at 29.616.38 basis points, up 0.21%. Year to date, the index is up 5.77%. Top Gainers and Losers First Aluminium Plc was the best performing stock today. The stock gained 10% to close at N0.33. Chams Plc gained 9.09% […]
28 Firms Lose As Stock Market Declines Further
28 Firms Lose As Stock Market Declines Further The nation’s stock market declined further on Tuesday as bearish sentiments persisted, making investors lose N4.8bn. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N10.954tn on Monday to N10.948tn on Tuesday while the year-to-date loss stood at -7.3 per cent. On Tuesday, […]