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…

Business Featured Stocks

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…

Business Featured Stocks

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…

Business Featured Stocks

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…