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 […]
Nigerian equities market yesterday began the trading week on a decline, to reverse the previous trading days’ positive trend, as investors lost N42billion. The Nigerian Stock Exchange -All Share Index (NSE-ASI) shed 114.81 absolute points, representing a decline of 0.32 per cent to close at 35,311.36 points. Also, the market capitalisation declined by N42 billion […]
By Dipo Olowookere The local stock market started the week on the wrong foot on Monday as political uncertainties continued to weigh in on the market. Yesterday, the Nigerian blogosphere was dominated by a report by Financial Times claiming President Donald Trump of the United States of America (USA) allegedly told his aides that he […]
Most transactions at the Nigerian equities market closed yesterday at higher prices but losses recorded by large-cap stocks overshadowed the overall market position. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average decline of 0.32 per cent, representing a net capital depreciation of N42 billion. With 26 gainers to 14 losers, most sectoral indices […]
The equities market rebounded last week with the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) gaining 0.45 per cent after three weeks of decline. Although trading in the week was for only three days due to declaration of Tuesday and Wednesday as public holiday, price appreciation in Dangote Cement Plc lifted the positive performance […]
Nigerian Stock Exchange Building 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. Looking for One and Only? Ad Spend Your Summer With Charming Women UkrainianCharm Try now […]
The equities market plunged further yesterday as profit taking in bellwether stocks depressed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) below 35,000 mark at 34,663.48. Similarly, market capitalisation shed N220.5 billion to close lower at N12.638 trillion. A total of 22 stocks shed weight compared with only 11 other stocks. The banking counters recorded […]
By Dipo Olowookere The Nigerian Stock Exchange (NSE) recorded a 1.71 percent loss on Monday after the market achieved an increase of 1.87 percent last Friday. It was observed that the decline posted by the equities market yesterday was mainly influenced by continued selloffs by investors. While the All Share Index (ASI) depreciated by 602.81 […]
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 […]
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