Nigeria Stock Exchange, Lagos Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline […]
Lagos – Nigerian equities market extended negative stance into the second trading session of the week as the Nigerian Stock Exchange- All Share Index (NSE-ASI) shed 0.14 per cent yesterday. NSE-ASI declined by 43.07 basis points, representing a decrease of 0.14 per cent, to close at 31,082.32 points. Similarly, market capitalisation shed N16 billion, to […]
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 […]
Forte Oil, Betaglass Lead NSE’s N114bn Losses The Nigerian Stock Exchange (NSE) extended its losing streak to the second trading session of the week and month of April, occasioned by sustained losses in highly capitalised stocks, especially Betaglass and Forte oil. The losses resulted to a further decline in market capitalisation by N114 billion. Yesterday, […]
[FILES] Nigerian Stock Exchange (NSE) By The Nigerian Stock Exchange (NSE) yesterday plunged further by 0.7 per cent, extending bearish run to a third consecutive session amid sustained sell-off. The All-Share Index (ASI) yesterday, dipped by 209.41 absolute points, representing a decline of 0.67 per cent, to close at 30,829.45 points. Similarly, market capitalisation shed […]
INVESTMENT analysts in the capital market have expressed optimism on the possibility of shares of Unilever Nigeria Plc, Seplat Petroleum Development Company, and Eterna Plc performing well this year and recommended them for a buy. According to analysts at Cowry Asset Management, the stocks have an upside potential of 162.30 percent, 50.80 percent and 47.90 […]
FMDQ OTC Securities Exchange FMDQ Records N63.25tn Turnover In Q1 2019 FMDQ OTC Securities Exchange recorded a turnover of N63.25tn in the first quarter of the year. Data obtained from the FMDQ’s website on Tuesday showed that the turnover for March stood at N28.98tn. In February, the FMDQ recorded a turnover of N19.18tn, which represented […]
Lagos – The local bourse regained losses from earlier trading sessions to close slightly bearish, as sell-offs in market bellwethers outpaced last-minute bargain hunting activities. A total turnover of 1.198 billion shares worth N12.273 billion in 18,293 deals were traded last week by investors on the floor of the Exchange in contrast to a total […]
The bears sustained hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, as more blue-chip stocks depreciated in price, especially Wema Bank and Presco, causing the All-Share Index to decline further by 0.01 per cent. Specifically, the All-Share Index shed 3.46 absolute points, representing a dip of 0.01 per cent to close […]
Eighteen stocks, including six financial institutions-Unity Bank Plc, Fidelity Bank, First City Monument Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Plc and Wema Bank Plc dominated losers’ chart at yesterday’s trading on the Nigerian Stock Exchange (NSE). Other equities on the losers’ chart were Transcorp Plc, Cadbury Plc, May and Baker Plc, […]
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