Business Featured Stocks

NSE market capitalisation crosses N22trn mark

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…

Business Featured Stocks

NSE resumes week with N40bn loss due to profit taking

Reading Time: 2 minutes The Nigerian stock market opened for the week on Monday with a loss of N40 billion, halting five consecutive days positive run. Speficially, the market capitalisation which opened at N21.530 trillion shed N40 billion to close at N21.490 trillion. Also, the All Share Index which opened at 41,176.14 lost 93.76 points or 0.23 per cent Read More…

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 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…