The Nigerian Stock Exchange (NSE) has made its annual full year review of the market indices which includes: the NSE 30, NSE Lotus Islamic, NSE Pension, Corporate Governance Index, Afrinvest Bank Value Index, Afrinvest Dividend Yield Index, Meristem Growth Index, Meristem Value Index and the five sectoral indices comprising the NSE Banking, NSE Insurance, NSE […]
Tag: XNSA_VERITASKAP
Capitalisation hits N20tr as investors gain N476b in a day
Nigerian Stock Exchange (NSE) The market capitalisation of the Nigerian Stock Exchange (NSE) hit N20 trillion at the end of transactions yesterday, as sentiments remained upbeat for the eight successive sessions. At the close of trading, the overall market capitalisation appreciated by N476 billion to close at N20.281 trillion. Similarly, the All-Share Index (ASI) gained […]
Equities Market Begins September Flat As ASI Down By 0.03%
Trading on the Nigerian equities market began the month of September on a slightly negative note as the Nigerian Stock Exchange, All-Share Index (NSE-ASI) declined by 0.03 per cent, yesterday. NSE-ASI shed 10.95 absolute points, representing a decline of 0.03 per cent to close at 34,837.50 points. Also, the market capitalisation declined by N4 billion […]
Stock market opens September with N4b losses
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 […]
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 lifts suspension on Standard Alliance’ shares
Standard Alliance Insurance The Nigerian Stock Exchange, NSE, says it has lifted the suspension placed on the shares of Standard Alliance Insurance Plc back in July 2018. According to a statement signed by the Head of NSE’s Listings Regulation Department, Mr Godstime Iwenekhai, the suspension was lifted after Standard Alliance finally submitted its 2017 full-year […]
Nigerian stocks tumble as demands diminishes
The Nigerian Stock Exchange (NSE) continued to stumble as the all share index closed at 36,232.66 basis points down 0.20%. Year to date, the index is down 5.26%. Top Gainers and Losers Courtville Business Solutions closed at N0.22, down 10%. Sterling Bank closed at N1.49, down 9.56%. Niger Insurance closed at N0.39, down 8.33%. On […]
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 […]
Equities investors gain N198bn after Sallah Break
Following the two-day holiday declared by the Federal Government to celebrate this year’s Eid-El-Kabir, the stock market resumed on Thursday on a positive note as equities investors gained N198 billion. The domestic bourse had recorded a bearish performance on Monday as the market capitalisation shed N219 billion to close at N12.66 trillion before the holiday. […]