The Nigerian Stock Exchange (NSE) on Friday recorded its first loss for the week, dropping by 0.86 per cent due to profit taking. Specifically, the market capitalisation lost N159 billion or 0.86 per cent to close at N18.308 trillion compared with N18.467 trillion posted on Thursday. Also, the All-Share Index which opened at 35,343.46 dipped Read More…
Stocks
NSE triggers circuit breaker as index rises beyond 5%
The Nigerian Stock Exchange (NSE) on Thursday triggered circuit breaker to guard against sharp market fluctuation as the All-Share Index (ASI) rises beyond five per cent threshold. The NSE in a statement posted on its website said that a market-wide circuit breaker kicked in on Thursday, at 12:55p.m, when the NSE ASI rose beyond the Read More…
Investors gain N1.18trn in 3 days on NSE
The nation’s bourse on Wednesday extended its bullish run for the third consecutive day with investors net worth appreciating further by N324 billion. Specifically, the market capitalisation inched higher by N324 billion or 1.90 per cent to close at N17.383 trillion from N17. 059 trillion achieved on Tuesday. Consequently, investors garnered N1.18 trillion in just Read More…
NSE market capitalisation hits N17trn mark in bullish trading
Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at N17.059 trillion compared with N16.847 trillion recorded on Monday. Similarly, the All-Share Index improved by 404.05 points or Read More…
NSE market capitalisation rises N641bn
The nation’s bourse resumed trading for the week on a bullish trend with the All-Share Index crossing the 32,000 mark following interests in blue chips. Specifically, the All-Share Index rose by 1,226.88 or 3.96 per cent to close at 32,243.05 compared with 31,016.17 achieved on Friday. Accordingly, month-to-date and year-to-date gain increased to +5.6 per Read More…
NSE All-Share Index records marginal loss, down 0.01%
Trading on the Nigerian Stock Exchange on Thursday closed on a negative posture with a loss of 0.01 per cent. Specifically, the All-Share Index declined by 0.01 per cent or 2.96 points to close at 30,738.92 compared with 30,741.88 recorded on Wednesday. Similarly, the market capitalisation lost N6 billion to close at N16.062 trillion from Read More…
The bulls take back NSE, market capitalisation crosses N16trn
The bulls on Tuesday regained dominance on the Nigerian Stock Exchange with the market capitalisation crossing N16 trillion mark. Specifically, the market capitalisation increased by N132 billion or 0.83 per cent to close at N16.063 trillion against N15.931 trillion posted on Monday. Also, the All-Share which opened at 30,479.39 inched higher by 254.08 points or Read More…
Nigeria stock market opens November with 0.17% loss
The Nigerian equities market resumed November trading with a loss of 0.17 per cent, halting the six-day bullish run on the back of profit taking. The All-Share Index decreased by 51.30 points or 0.17 per cent to close at 30,479.39 compared with 30,530.69 achieved on Friday. Also, the market capitalisation which opened at N15.957 trillion Read More…
Nigeria stock market gains N571bn in bullish trading
Trading reopened on the Nigerian Stock Exchange (NSE) on Friday after Eid-el-Maolud celebration still on an upward trend, growing by N571 billion. Speficially, the market capitalisation which opened at N15.386 trillion inched higher by N371 billion or 3.71 per cent to close at N15.957 trillion. Also, the All-Share Index improved by 1,093.09 points or 3.71 Read More…
NSE market capitalisation gains N239bn on enhanced confidence
The Nigerian Stock Exchange market capitalisation gained N239 billion in about six hours of trading on Wednesday, due to crash in money market instruments and improved third quarter earnings. Specifically, the market capitalisation which opened at N15.147 trillion rose by N239 billion or 1.58 per cent to close at N15.386 trillion. Also, the All Share Read More…