The equities market recorded its third consecutive decline last week as investors confidence remained weak. Out of the four trading sessions, four were bearish with Dangote Cement Plc moving the market to its largest loss in 52 weeks last Thursday. Although the market rebounded last Friday, with a gain of 1.29 per cent, that was […]
Tag: XNSA_WEMABANK
Stock market investors lose N11billion on trading floor
Brokers on the floor of Nigerian Stock Exchange in Lagos. Continued share price depreciation on the equity sector of the Nigerian Stock Exchange (NSE), yesterday pulled the market capitalisation further down by N110 billion. At the close of trading yesterday, All-Share Index (NSE-ASI) shed 303.16 absolute points, representing a decline of 0.81 per cent to […]
High Cap Stocks gains push stock market indices by N39b
Nigeria Stock Exchange, Lagos Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) gained 108.52 absolute points, representing a growth […]