Reading Time: 2 minutes The Nigerian Stock Exchange (NSE) market capitalisation on Thursday crossed above N22 trillion mark as a result of price appreciation posted by some blue chips. Accordingly, the market capitalisation inched higher by N125 billion or 0.57 per cent to close at N22.059 trillion against the N21.934 trillion posted on Wednesday. The All-Share Index crossed 42,000 Read More…
Tag: MARKET CAPITALISATION
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…
Following border reopening, NSE market capitalisation hits N19trn
Reading Time: 2 minutes Image Credits: REUTERS. The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched Read More…
NSE market capitalisation inches higher by N199bn due to bargain hunting
Reading Time: 2 minutes Image Credits: REUTERS, NSE. The Nigerian equities on Tuesday, extended its positive momentum with the market capitalisation increasing further by N199 billion, as investors stepped -up bargain-hunting ahead of 2021. Specifically, the market capitalisation rose by N199 billion or 1.09 per cent to close at N18.410 trillion compared with N18.211 trillion achieved on Monday. Also, Read More…
Profit taking persists on NSE as market capitalisation loses N232bn
Reading Time: 2 minutes The Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion. Specifically, the market capitalisation which opened at N18.304 trillion dipped N232 billion to close at N18.072 trillion. Also, the All-Share Index lost 464.00 points or 1.32 per cent to close at 34,557.26 Read More…
Bears persist on NSE as market capitalisation loses N6bn
Reading Time: 2 minutes The losing streak of the Nigerian Stock Exchange (NSE) extended on Wednesday with the market capitalisation dropping further by N6 billion. Specifically, the market capitalisation which opened at N18.310 trillion lost N6 billion to close at N18.304 trillion. Also, the All-Share Index dipped 12.48 points or 0.04 per cent to close at 35,021.26 compared with Read More…
NSE halts gaining streak, down 0.26%
Reading Time: 2 minutes Image Credits: NSE. The nation’s bourse on Wednesday shed its gaining streak due to sell pressure in large capitalised stocks as the All-Share Index recorded the first loss in seven consecutive trading sessions. Consequently, the All-Share Index lost 90.80 points or 0.26 per cent to close at 35,056.82 against 35,147.62 recorded on Tuesday. Also, the Read More…
Investors gain N1.18trn in 3 days on NSE
Reading Time: 2 minutes The nation’s bourse on Wednesday extended its bullish run for the third consecutive day with investors net worth appreciating further by N324 billion. Specifically, the market capitalisation inched higher by N324 billion or 1.90 per cent to close at N17.383 trillion from N17. 059 trillion achieved on Tuesday. Consequently, investors garnered N1.18 trillion in just Read More…
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…
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…