Nigerian Stock Exchange Equity transactions on the floor of the Nigeria Stock Exchange (NSE), reopened September trading on a downward note yesterday, as most highly capitalised stocks recorded price depreciation, causing market capitalisation to plunge by N4 billion. Yesterday, the All-Share Index (NSE-ASI) declined by 10.95 absolute points, representing a decline of 0.03 per cent […]
A total turnover of 1.391 billion shares worth N20.316 billion (about $66.6m) in 20,064 deals were traded this week by investors on the floor of the Nigerian Stock Exchange (NSE).The Weekly report of trading released on Friday in Lagos by the NSE showed that the figures were in contrast to a total of 1.417 billion […]
Nigerian Stock Exchange Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing […]
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 34,663.48 achieved on Monday. Similarly, the market […]
…Declares 20k interim dividend LAGOS—United Bank for Africa, UBA Plc, yesterday, announced that its gross earnings grew by 16 percent to N258 billion for the audited 2018 half year financial results compared to N223 billion recorded in 2017. The bank also noted that it recorded growth across key performance metrics as well as a significant […]
L-R: Group Managing Director/CEO, UBA Plc, Mr. Kennedy Uzoka; Group Chairman, Tony O. Elumelu; and Deputy Managing Director, Mr. Victor Osadolor, at the 55th Annual General Meeting of UBA Plc, held in Lagos (investadvocate) United Bank for Africa Plc has posted a profit of N43.8 billion, representing a 3.4% growth compared to N42.3 billion achieved […]
The Nigerian stocks market fell by 0.44 per cent amid renewed profit taking activity in Industrial and Consumer Goods stocks, reversing previous day’s positive sentiment. The Nigerian Stock Exchange-All Share Index (NSE-ASI) shed 157.27 absolute points, representing a decline of 0.44 per cent to close at 35,358.94 points. Also, the market capitalisation declined by N57 […]
Nigerian Stock Exchange Hopes for a bulls’ run dimmed yesterday, following renewed profit-taking by investors at the Nigerian Stock Exchange (NSE), as the bears took centre stage again on equity transactions, reversing the Tuesday’s positive sentiment, as market capitalisation depreciated by N57billion. Specifically, at the close of transactions yesterday, the All Share Index (NSE-ASI) shed […]
All through today’s trading session, the all share index fluctuated as usual, as investors bought and sold off shares but the final close was at 0.44%, which is a reversal to Monday’s bearish trend from Tuesday’s bulling run. The shares of energy producer, Total, edged 1.05% higher for the third time this week, to close […]
nigeria stock exchange Trading activities on the floor of Nigerian Stock Exchange yesterday returned to bullish trend, gainig N75 billion. Specifically, market capitalisation of listed equities increased by 0.58 per cent to N12.966 trillion from N12.891 trillion reported on Monday. Also, the NSE All Share Index rose by 204.85 basis points to 35516.21 points from […]
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