Nigeria’s blue-chip stocks also referred to as NSE 30 stocks are known primarily for being the most capitalized Stocks on the Nigerian stock market. NSE 30 Stocks are favourites of many traditional and institutional investors mainly for their systematic importance in Africa’s biggest economy, low volatility and more consistent return on investment when compared to […]
The Nigerian Exchange (NGX) Limited All-Share Index (ASI) rose 0.2 per cent to close higher at 38,548.24 as the market extended its recovery for the second day. The appreciation was supported by gains recorded by MTN Nigeria Plc, FCMB Group Plc and Lafarge Africa Plc. Market capitalisation added N34.3 billion to close at N20.1 trillion. […]
Nigerian stock market trading floor brandspur Consequently, the month-to-date and year-to-date losses moderated to 1.3 per cent and 2.4 per cent, respectively. Stock market gain was driven by price appreciation in large and medium capitalised stocks. The include Stanbic IBTC Holdings, MTN Nigeria Communications (MTNN), GlaxoSmithKline Consumer Nigeria, UPDC Real Estate Investment Trust and Lafarge […]
Nigerian stocks were up by N436.250 billion in the week that just went by. Nigerian stocks were up by N436.250 billion in the week that just went by, buoyed by a number of impressive earnings report and corporate actions like dividend declaration that strengthened investors’ sentiment. Monday, Wednesday and Thursday’s sessions were upbeat while the […]
Friday, March 26, 2021/ 12:50PM / United Capital Research / Header Image Credit: Worldbank Group Anglophone West Africa Ghana Rating agency, Fitch assigned Ghana’s (B/Stable) proposed senior unsecured foreign-currency bonds a ‘B’ rating. Fitch highlighted the bond’s sensitivity to certain factors such as public finances, external finances, and the general macro-environment in Ghana. Ghana’s central […]
Friday, March 26, 2021/ 12:50PM / United Capital Research / Header Image Credit: Worldbank Group Anglophone West Africa Ghana Rating agency, Fitch assigned Ghana’s (B/Stable) proposed senior unsecured foreign-currency bonds a ‘B’ rating. Fitch highlighted the bond’s sensitivity to certain factors such as public finances, external finances, and the general macro-environment in Ghana. Ghana’s central […]
NSE trading floor. PHOTO: FEMI ADEBESIN-KUTI Although price gains outweighed losses, transactions on the equity sector of the Nigerian Stock Exchange (NSE) was upbeat yesterday, occasioned by bargain-hunting in some high capital stocks, as market capitalisation appreciated by N45 billion. The All-Share Index (ASI) grew by 86.97 absolute points or 0.21 per cent increase to […]
The market gain was driven by price appreciation in large and medium capitalised stocks [Reuters/Akintunde Akinleye] Reuters Activities on the nation’s bourse resumed the week on Monday on a positive note following investors’ interests in Dangote Cement and Airtel Africa. Specifically, the All-Share Index inched higher by 86.97 points or 0.21 per cent to close […]
’Femi Asu Investors in the nation’s stock market gained N60bn on Monday as Seplat Petroleum Development Company Plc and 30 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.33 per cent to close at 40,571.67 basis points on Monday from 40,439.85bps on Friday. The market capitalisation of listed equities increased […]
Market sentiment was positive with 28 gainers in contrast with 24 losers [Reuters/Akintunde Akinleye] Reuters Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill. Specifically, the All-Share Index rose by 30.56 points or 0.08 per cent to close at […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.