Wema Bank, Presco, others lead stock market’s N95 billion loss

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 […]

Stock market reopens bearish as indices plunge by N206b

Stock market reopens bearish as indices plunge by N206b

Nigeria Stock Exchange, Lagos Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing market capitalisation to plunge further by N206 billion. Specifically, at the close of transactions yesterday, the All-share index (ASI) shed 513.92 absolute points, representing a decline […]

ABC Transport, Mcnichols, Dangote Flour emerge best performing stocks in Q1

ABC Transport, Mcnichols, Dangote Flour emerge best performing stocks in Q1

Best-performing-stocks-march-2019 For the Nigerian Stock Exchange (NSE), the stars of the first quarter of 2019 are ABC Transport, Mcnichols and Dangote Flour, which outperformed other listed stocks as at March 31. Data obtained by the News Agency of Nigeria (NAN) indicates that ABC Transport led eight other companies to emerge the best performing stocks in […]

Bears maintain hold on stocks as NSE ASI dips 0.39%

Bears maintain hold on stocks as NSE ASI dips 0.39%

The bearish performance at the equities market continued into the fourth consecutive trading session, Thursday. The negative performance for the day were specifically spurred by losses in Dangote Cement which fell 0.5 percent, Eco Transnational Incorporated (ETI) which declined 3.3 percent and Access Bank which depreciated by 4.3 percent. As a result, the benchmark index […]