Business Featured Stocks

NSE opens week with 0.08% growth on Zenith Bank rally

Reading Time: 2 minutes 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. Speficially, the All-Share Index rose by 30.56 points or 0.08 per cent to close at 40,150.78 from 40,120.22 on Friday. Similarly, the market capitalisation improved by N16 billion or 0.08 Read More…

Business Featured Stocks

NSE loses N246bn in bearish trading

Reading Time: 2 minutes Image Credits: REUTERS. The bears dominated trading activities on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation losing N246 billion in six hours of trading. Specifically, the market capitalisation, which opened at N21.224 trillion shed N246 billion to close at N20.978 trillion. Similarly, the NSE All-Share Index decreased by 470.64 points or Read More…

Business Featured Stocks

NSE sustains growth by N66bn on Seplat gain

Reading Time: 2 minutes Trading activities on the nation’s bourse advanced further by N66 billion to extend gaining streak to two consecutive sessions. The price rally was driven by gains posted by Seplat and 26 other equities. Specifically, the All-Share Index gained 125.70 points or 0.31 per cent to close at 40,590.85 from 40,465.15 achieved on Wednesday. Also, the Read More…

Business Featured Stocks

NSE drops N393bn on renewed profit taking

Reading Time: 2 minutes Image Credits: REUTERS. The nation’s bourse recorded its first loss in the year on Tuesday, dropping by N393 billion due to renewed profit taking on blue chips. Specifically, the market capitalisation shed N393 billion or 1.83 per cent to close at N21.122 trillion from N21.515 trillion recorded on Monday. Similarly, the All-Share Index lost 751.25 Read More…

Business Featured Stocks

NSE reopens trading after Christmas holidays with N167bn gain

Reading Time: 2 minutes Image Credits: REUTERS, NSE. The Nigerian Stock Exchange reopened trading on Tuesday after the holidays to mark Christmas and Boxing Day celebrations with the All-Share Index crossing 39,000 mark. Specifically, the All-Share Index which opened at 38,800.01 inched higher by 310.16 points or 0.80 per cent to close at 39,110.17. Also, the market capitalisation rose Read More…

Business Featured Stocks

NSE market capitalisation crosses N20trn mark on Airtel Africa gain

Reading Time: 2 minutes Image Credits: NSE. Trading activities on the Nigerian Stock Exchange (NSE) sustained positive mood on Wednesday for the eighth successive session, with the market capitalisation crossing the N20 trillion mark. The sustained rally was as a result of buying interests in some highly capitalised equities such as Airtel Africa, UBA Cement and Nigerian Breweries. Specifically, Read More…

Business Featured Stocks

Dangote Cement, UBA, Zenith Bank sustain NSE rally by N235bn

Reading Time: 2 minutes Image Credits: NSE. The nation’s bourse on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisation rose by N235 billion or 1.20 per cent to close at N19.805 trillion from N19.570 trillion achieved on Monday. Read More…