Business Stocks

Indices drop further by 0.81% at NGX

Reading Time: 2 minutes Key indices of the Nigerian Exchange (NGX) dropped further by 0.81 per cent on Thursday to extend bearish transactions to three consecutive trading sessions. Consequently, the All-Share Index lost 319.08 points or 0.81 per cent to close at 39,114.73 against 39,433.81 on Wednesday. Also, the market capitalisation shed N167 billion or 0.81 per cent to Read More…

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NSE loses N246bn in bearish trading

Reading Time: 2 minutes 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 1.16 per cent Read More…

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NSE market indices drop further 0.09%

Reading Time: 2 minutes The Nigerian Stock Exchange (NSE) market indicators on Tuesday dropped further by 0.09 per cent on sustained profit taking embarked on by some investors. The market capitalisation, which opened at N18.327 trillion, dipped N17 billion or 0.09 per cent to close at N18.310 trillion. Also, the All-Share Index lost 30.62 points or 0.09 per cent Read More…

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Nigeria stock market dips N38bn amid blue chips loss

Reading Time: 2 minutes The nation’s bourse opened trading for the week on Monday with a loss of N38 billion due to profit taking on Ecobank Transnational Incoporated (ETI), Zenith Bank and Nigerian Breweries. Specifically, the market capitalisation shed N38 billion or 0.21 per cent to close at N18.327 trillion from N18.365 trillion achieved on Friday. Also, the All-Share Read More…

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NSE loses 0.25%, amid profit-taking on Tier 1 banks

Reading Time: 2 minutes Negative sentiments continued on the Nigerian Stock Exchange (NSE) on Thursday with the market indices dropping further by 0.25 per cent, amid sell pressure on Tier 1 banks. Specifically, the NSE All-Share Index dropped 87.88 points or 0.25 per cent to close at 34,968.94 compared with 35,056.82 achieved on Wednesday. Accordingly, month-to-fate return declined to Read More…

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Nigeria stock market opens week with 0.75% loss

Reading Time: 2 minutes Transactions on the Nigerian Stock Exchange (NSE) commenced the week on Monday with a loss of 0.75 per cent amid renewed profit taking. Speficially, the market capitalisation dipped N137 billion or 0.75 per cent to close at N18.171 trillion compared with N18.308 trillion recorded on Friday. Also, the All-Share Index lost 263.38 points or 0.75 Read More…

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#EndSARS: Nigeria stock market bows to social unrest, loses N113bn

Reading Time: 2 minutes The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure. Specifically, the market capitalisation shed N113 billion or 0.75 per cent to close at N14.870 trillion against N14.983 trillion recorded on Tuesday. Also, the All-Share Index dipped 216.33 points or 0.75 per Read More…

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NSE opens week with 0.27% loss

Reading Time: 2 minutes The nation’s bourse opened trading on Monday on a negative trend with the market indicators declining by 0.27 per cent, amid sell pressure in 16 stocks. Specifically, the All-Share Index dipped 77.82 points or 0.27 per cent to close at 28,337.49 from 28,415.31 achieved on Friday. Also, the market capitalisation which opened at N14.852 trillion Read More…