Trading on the nation’s bourse maintained a downward trend for the fifth consecutive trading days with the All-Share Index declining by 0.89 per cent. The index lost 306.52 points or 0.89 per cent to close at 34,250.74 from 34,557.26 posted on Thursday. Similarly, the market capitalisation of listed equities dipped N171 billion to N17.901 trillion Read More…
Stocks
Profit taking persists on NSE as market capitalisation loses N232bn
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
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 market indices drop further 0.09%
The Nigerian Stock Exchange (NSE) market indicators on Tuesday dropped further by 0.09 per cent on sustained profit taking embarked on by some investors. The market capitalisation, which opened at N18.327 trillion, dipped N17 billion or 0.09 per cent to close at N18.310 trillion. Also, the All-Share Index lost 30.62 points or 0.09 per cent Read More…
Nigeria stock market dips N38bn amid blue chips loss
The nation’s bourse opened trading for the week on Monday with a loss of N38 billion due to profit taking on Ecobank Transnational Incoporated (ETI), Zenith Bank and Nigerian Breweries. Specifically, the market capitalisation shed N38 billion or 0.21 per cent to close at N18.327 trillion from N18.365 trillion achieved on Friday. Also, the All-Share Read More…
NSE rebounds by N89bn on Airtel Africa gain
After two consecutive days’ loss, the Nigeria stock market on Friday rebounded by N89 billion due to price appreciation recorded by Airtel Africa. Airtel Africa dominated the gainers’ chart with N51.50 to close at N640 per share. It was followed by Mobil Oil with N19.20 kobo to close at N228, while Ardova gained 45k to Read More…
NSE loses 0.25%, amid profit-taking on Tier 1 banks
Negative sentiments continued on the Nigerian Stock Exchange (NSE) on Thursday with the market indices dropping further by 0.25 per cent, amid sell pressure on Tier 1 banks. Specifically, the NSE All-Share Index dropped 87.88 points or 0.25 per cent to close at 34,968.94 compared with 35,056.82 achieved on Wednesday. Accordingly, month-to-fate return declined to Read More…
NSE halts gaining streak, down 0.26%
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 market capitalisation which Read More…
NSE sustains positive momentum with 0.10% growth
The Nigerian Stock Exchange (NSE) on Thursday sustained positive momentum with a growth of 0.10 per cent. Specifically, the All Share Index inched higher by 34.00 points or 0.10 per cent to close at 34,803.00 from 34,769.00 posted on Wednesday. Similarly, the market capitalisation which opened at N18.166 trillion rose by N18 billion or 0.10 Read More…
Nigeria stock market opens week with 0.75% loss
Transactions on the Nigerian Stock Exchange (NSE) commenced the week on Monday with a loss of 0.75 per cent amid renewed profit taking. Speficially, the market capitalisation dipped N137 billion or 0.75 per cent to close at N18.171 trillion compared with N18.308 trillion recorded on Friday. Also, the All-Share Index lost 263.38 points or 0.75 Read More…