Reading Time: 2 minutes The Nigerian equities market halted its previous positive outing to close on a negative note for the first time in the year due to selling pressure on some blue chips. Specifically, the market capitalisation on Tuesday shed N20 billion to close at N23.630 trillion from N23.650 trillion achieved on Monday. Also, the All-Share Index which Read More…
Tag: stocks
Key indices down by 0.01% in cautious trading
Reading Time: 2 minutes Image Credits: REUTERS. Trading on the Nigerian Exchange (NGX) ended on a cautious note on Friday with key indices dropping marginally by 0.01 per cent. Specifically, the All-Share Index inched lower by 4.06 points or 0.01 per cent to close at 38,324.07 against 38,328.13 on Thursday. Also, capitalisation declined by two billion or 0.01 per Read More…
NSE market indicators advance further by 0.58% on MTNN rally
Reading Time: 2 minutes The Nigerian Stock Exchange (NSE) market indices on Friday advanced further by 0.58 per cent following gains made by some blue chip companies. Specifically, the NSE All-Share Index rose by 243.25 points or 0.58 per cent to close at 42,412.66 from 42,169.41 posted on Thursday. Similarly, the market capitalisation inched higher by N127 billion or Read More…
NSE extends gain, index rises further by 0.11%
Reading Time: 2 minutes Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent. Specifically, the All-Share Index improved further by 45.10 points or 0.11 per cent to close at 40, 341.05 against 40, 295.95 achieved on Tuesday. Also, the market capitalisation rose by N24 billion or 0.11 per Read More…
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…
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…
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…
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…
Bulls persist on NSE, index crosses 36,000 mark
Reading Time: 2 minutes Image Credits: NSE. The nation’s bourse on Thursday continued positive run for the fourth straight trading session with the benchmark index crossing 36,000 mark due to interest in Airtel Africa and 29 other stocks. Specifically, the All-Share Index inched higher by 746.47 points or 2.10 per cent to close at 36,239.62 compared with 35,493.15 recorded Read More…
Bulls maintain dominance on NSE, indices up 0.76%
Reading Time: 2 minutes Image Credits: brandspur, NSE. The bulls continued to dominate trading on the Nigerian Stock Exchange on Wednesday with the market indicators rising further by 0.76 per cent. Consequently, the All-Share Index rose by 267.93 points of 0.76 per cent to close at 35,493.15 compared with 35,225.22 achieved on Tuesday. Similarly, the market capitalisation garnered N140 Read More…