[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 […]
Tag: XNSA_WEMABANK
Stocks Market Sheds N15bn On Sustained Profit Taking
The Nigerian stocks market yesterday shed N15 billion as bearish run persisted on sustained profit taking. The All Share Index (ASI) shed 41.48 absolute points, representing a decline of 0.13 per cent, to close at 31,040.84 points. Similarly, market capitalisation lost N15 billion, to close at N11.576 trillion. The downturn was impacted by losses recorded […]
NSE falls sharply in first trading day in April
The Nigerian Stock Exchange closed in the red today. The All Share Index ended today’s trading session at 30,531.69 basis points, down 1.64%. Year to date, the index is down 2.86%. Top Gainers and Losers McNichols Consolidated Plc was the best performing stock today. The stock gained 10% to close at N0.77. Berger Paints Nigeria […]
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
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 […]
ABC Transport, 2 others emerge best performing stocks in Q1
Nigerian Stock Exchange (NSE) 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 […]
Investors Trade N20bn Shares in One Week as Index Sheds 4.59%
By Dipo Olowookere A total turnover of 3.544 billion shares worth N20.264 billion in 19,130 deals were traded last week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 2.629 billion shares valued at N12.794 billion that exchanged hands the previous week in 15,558 deals. In the […]
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 […]
Forte Oil, Betaglass Lead NSE’s N114bn Losses
Forte Oil, Betaglass Lead NSE’s N114bn Losses The Nigerian Stock Exchange (NSE) extended its losing streak to the second trading session of the week and month of April, occasioned by sustained losses in highly capitalised stocks, especially Betaglass and Forte oil. The losses resulted to a further decline in market capitalisation by N114 billion. Yesterday, […]
Nigeria: Wema Bank, Presco, Others Lead Stock Market’s N95 Billion Loss
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 0.01 per cent to close […]