The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full year results and dividiend declaration. Specifically, the All-Share Index inched higher by 876.67 points or 2.18 per cent to close at 41,147.39 from 40,270.72 achieved on Read More…
Stocks
NSE reopens trading after Christmas holidays with N167bn gain
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 by N167 billion to Read More…
NSE market capitalisation crosses N20trn mark on Airtel Africa gain
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, the market capitalisation Read More…
Dangote Cement, UBA, Zenith Bank sustain NSE rally by N235bn
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. Also, the All-Share Read More…
Nigeria stock market gains N334bn on Dangote Cement share buyback
The Nigerian Stock Exchange (NSE) gained N334 billion on Monday due to buying interest in Dangote Cement and 22 other stocks. Specifically, the market capitalisation rose by N334 billion or 1.74 per cent to close at N19.570 trillion compared with N19.236 trillion achieved on Friday. Also, the All-Share Index which opened at 36,804.75 appreciated by Read More…
Following border reopening, NSE market capitalisation hits N19trn
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 higher by 565.13 Read More…
Bulls persist on NSE, index crosses 36,000 mark
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 on Wednesday. Consequently, Read More…
Bulls maintain dominance on NSE, indices up 0.76%
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 billion to close at Read More…
NSE market capitalisation inches higher by N199bn due to bargain hunting
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, the All-Share Index gained Read More…
NSE bounces back with 1.73% growth
The domestic equities market opened for the week on Monday on a positive note with the All-Share Index appreciating by 1.73 per cent, amid buying interest in Dangote Cement and 25 other stocks. Specifically, the index which opened at 34,250.74 rose by 592.70 points or 1.73 per cent to close at 34,843.44. Accordingly, month-to-date loss Read More…