Access Bank, GTBank Join Growth Index as NSE Review Market Indices

Access Bank, GTBank Join Growth Index as NSE Review Market Indices

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 […]

Capitalisation hits N20tr as investors gain N476b in a day

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 […]

Stock market opens September with N4b losses

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

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 […]

NSE lifts suspension on Standard Alliance’ shares

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 […]