Following price losses incurred by most highly capitalised stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE) reopened on a negative note, as market capitalisation plunged by N36 billion. Reversing the positive trend at the previous trading session, the All-Share Index (ASI) shed 97.03 absolute points yesterday, representing a dip of 0.31 […]
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Wema Bank, Presco, others lead stock market’s N95 billion loss
[FILES] Nigerian Stock Exchange (NSE) 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 […]
Nigeria: Wema Bank, Presco, Others Lead Stock Market’s N95 Billion Loss
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 […]
Nigeria: 6 Banks Dominate Losers’ Chart On NSE
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, […]
Persistent Bear Run Pushes Nigerian Stock Market to 15-Month Low
Goddy Egene The Nigerian equities market slumped to 15-month low yesterday on continuing bear run with the Nigerian Stock Exchange All-Share Index (NSE ASI) falling 1.25 per cent to close at 33,611.69, while market capitalisation shed N155.6 billion to close at N12.27 trillion. The market had lost 2.3 per cent last week in line with […]
Bargain Hunting In Dangote Cement Rebounds Equities Market
The bearish sentiment in the Nigerian equities market was reversed last week as gains in Dangote Cement rebounded the Nigerian Stock Exchange-All Share Index (NSE-ASI) from three consecutive weeks of losses and posting the highest weekly gain in eight weeks. Consequently, the benchmark index rose 159.88 points or 0.45 per cent Week-on-Week (W-o-W) to close […]
Market Capitalisation Drops By N458bn In 19days
Nigerian Stock Exchange Market Capitalisation Drops By N458bn In 19days The market capitalisation of equities listed on the Nigerian Stock Exchange declined by N458bn within 19 days of trading. The market capitalisation dropped from N13.391tn on August 2, 2018 to N12.933tn on August 24. It appreciated by 0.45 per cent last week. The NSE All-Share […]
NSE market capitalisation drops by N458bn
Feyisayo Popoola The market capitalisation of equities listed on the Nigerian Stock Exchange declined by N458bn within 19 days of trading. The market capitalisation dropped from N13.391tn on August 2, 2018 to N12.933tn on August 24. It appreciated by 0.45 per cent last week. The NSE All-Share Index also increased by 0.45 per cent to […]