Equity trading remains bearish as highly capitalised stocks push Index lower

Equity trading remains bearish as highly capitalised stocks push Index lower

The sell-offs in some highly capitalised stocks on Tuesday contributed significantly to drag the Nigerian Stock Exchange, NSE All Share Index, ASI by 0.5 percent or 112.69 points lower for the fifth consecutive trading session. Nigerian Stock Exchange NSE Specifically, the Index settled at 33,449.17 points from 33,611.69 points it closed on Monday with the […]

NSE: Trading Resumes After Eid-El-Kabir Celebration With 1.57% Growth

NSE: Trading Resumes After Eid-El-Kabir Celebration With 1.57% Growth

Transactions reopened on the Nigerian Stock Exchange (NSE) on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent. Specifically, the All-Share Index which opened at 34,663.48 rose by 542.68 points or 1.57 per cent to close at 35,206.16 compared with 34,663.48 achieved on Monday. Similarly, the market […]

Equity market sustains downward trend, dropping N13bn

Equity market sustains downward trend, dropping N13bn

nigeria stock exchange The nation’s equity market has sustained negative trend as anxiety in the political environment continues to mount pressure business activities ahead of 2019 election. Specifically, Market Capitalisation of listed equities depreciated by N13 billion or 0.09 per cent to N13.249 trillion from N13.261 trillion reported the previous day. The NSE All Share […]

Dangote Cement, GTB, others lead stock market’s N198b gain

Dangote Cement, GTB, others lead stock market’s N198b gain

• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.Market capitalisation rose […]

NSE: Trading resumes after Eid-El-Kabir celebration with 1.57% growth

NSE: Trading resumes after Eid-El-Kabir celebration with 1.57% growth

Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org] Transactions reopened on the Nigerian Stock Exchange (NSE) on Thursday after the two-day public holiday to mark Eid-El-Kabir celebration with a growth of 1.57 per cent. Specifically, the All-Share Index which opened at 34,663.48 rose by 542.68 points or 1.57 per cent to close at 35,206.16 compared with […]

Financial stocks contribute 59.23% to total equity turnover

Financial stocks contribute 59.23% to total equity turnover

NSE The financial services industry (measured by volume), dominated in volume terms at the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), with 824.153 million shares valued at N9.274 billion traded in 11,620 deals. The development represents 59.23% to the total equity turnover volume, while the services industry […]