Business Featured Stocks

NSE market capitalisation crosses N22trn mark

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

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

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 loses N246bn in bearish trading

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…

Joe Penney/Reuters
Business Featured Stocks

NSE sustains growth by N66bn on Seplat gain

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…