Business Stocks Top Story

NSE goes public, goes bullish

Reading Time: 2 minutes The nation’s bourse on Wednesday overcame its negative posture growing by N128 billion following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation. Specifically, the market capitalisation rose by N128 billion or 0.63 per cent to close at N20.369 trillion against N20.241 trillion recorded on Tuesday. Similarly, the All-Share Read More…

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NSE opens week with 0.33% growth on Seplat, Lafarge Africa gains

Reading Time: 2 minutes Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks. Consequently, the All-Share Index on Monday inched higher by 131.82 points or 0.33 per cent to 40,571.67 from 40,439.85 recorded on Friday. Accordingly, the month-to-date Read More…

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NSE market capitalisation hits N17trn mark in bullish trading

Reading Time: 2 minutes Image Credits: brandspur. Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at N17.059 trillion compared with N16.847 trillion recorded on Monday. Similarly, the All-Share Index improved by Read More…

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NSE market capitalisation rises N641bn

Reading Time: 2 minutes The nation’s bourse resumed trading for the week on a bullish trend with the All-Share Index crossing the 32,000 mark following interests in blue chips. Specifically, the All-Share Index rose by 1,226.88 or 3.96 per cent to close at 32,243.05 compared with 31,016.17 achieved on Friday. Accordingly, month-to-date and year-to-date gain increased to +5.6 per Read More…

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Nigeria stock market gains N571bn in bullish trading

Reading Time: 2 minutes Image Credits: NSE. Trading reopened on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maolud celebration still on an upward trend, growing by N571 billion. Speficially, the market capitalisation which opened at N15.386 trillion inched higher by N371 billion or 3.71 per cent to close at N15.957 trillion. Also, the All-Share Index improved by 1,093.09 Read More…

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Nigeria stock market advances further 0.70%

Reading Time: 2 minutes Image Credits: NSE. The bulls on Tuesday continued to dominate trading on the nation’s bourse with the market indices improving further by 0.70 per cent, amid increased buying interest. Speficially, the All-Share Index on Tuesday rose by 202.33 points or 0.70 per cent to close at 28,980.29 compared with 28,777.96 achieved on Monday. Also, the Read More…

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NSE market capitalisation rebounds by N59bn

Reading Time: 2 minutes Image Credits: NSE. The nation’s bourse on Thursday rebounded with a growth of N59 billion in spite of social unrest and curfew in major cities of the country. Specifically, the market capitalisation which opened at N14.870 trillion rose by N59 billion or 0.40 per cent to close at N14.929 trillion. Also, the All-Share Index increased Read More…