At the end of trading on Tuesday, investors in the Nigerian Exchange Ltd. (NGX) stock market had lost N36 billion. In particular, equity capitalisation declined by N36 billion, or 0.12%, from its opening price of N30.391 trillion to its closing price of N30.355 trillion. The All-Share Index (ASI), which closed at 55,722.9 as opposed to Read More…
Tag: Bearish
Stock market indices fall 0.01%
Due to a 0.01 percent decline in market indicators, Monday’s transactions on the Nigerian stock market ended negatively. The market capitalization decreased by N3 billion to close at N30.391 trillion, according to the News Agency of Nigeria (NAN), from an opening value of N30.394 trillion. As compared to Friday’s closing value of 55,794.51, the All-Share Read More…
Indices drop further by 0.81% at NGX
Key indices of the Nigerian Exchange (NGX) dropped further by 0.81 per cent on Thursday to extend bearish transactions to three consecutive trading sessions. Consequently, the All-Share Index lost 319.08 points or 0.81 per cent to close at 39,114.73 against 39,433.81 on Wednesday. Also, the market capitalisation shed N167 billion or 0.81 per cent to Read More…
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…
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 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…
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…
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…