After two days of cautious trading, the nation’s bourse on Friday recorded N164 billion growth following renewed investors interest. Specifically, the market capitalisation which opened at N14.815 trillion rose by N164 billion or 1.11 per cent to close at N14.979 trillion. Also, the All-Share Index rose by 315.41 points or 1.11 per cent to close Read More…
Tag: bullish
Nigerian Stock Market experiences slight bounce in Tuesday trading
The Nigerian Stock Exchange (NSE) recorded marginal growth on Tuesday, appreciating by 0.02 per cent on renewed bargain hunting to halt downward posture of four consecutive trading sessions. Specifically, the All-Share Index increased by 6.55 points or 0.02 per cent to close at 28,344.04 compared with 28,337.49 posted on Monday. Similarly, the market capitalisation which Read More…
Nigeria stock market opens October with N80bn gain
The nation’s bourse resumed trading for the month of October on a positive trend, amid gains recorded by Dangote Cement and MTN Nigeria Communications. Speficially, the All-Share Index on Friday rose by 172.01 points or 0.64 per cent to close at 26,985.77 compared with 26,813.76 achieved on Wednesday. Also, the market capitalisation inched higher by Read More…
NSE market capitalisation ends September bullish, crosses N14trn mark
The Nigerian Stock Exchange (NSE) market capitalisation crossed N14 trillion mark on the last trading day of September due to sustained confidence. Speficially, the market capitalisation on Wednesday rose by N118 billion or 0.84 per cent to close at N14.025 trillion against N13.907 trillion achieved on Tuesday. The increase in the market capitalisation was as Read More…
Trading remains upbeat on NSE, index up 1.28%
Activities on the Nigerian Stock Exchange on Friday remained upbeat for the fifth consecutive day, with the All-Share Index growing by 1.28 per cent to cross 26,000 mark. The index rose by 332.20 points or 1.28 per cent to close at 26,319.34, compared with 25,987.14 recorded on Thursday. In the same vein, the market capitalisation Read More…
NSE market capitalisation gains N107bn Thursday
The bulls continued to dominate trading on the nation’s bourse with the market capitalisation appreciating further by N107 billion on Thursday, amid gains by blue chips. Specifically, the market capitalisation inched higher by N107 billion or 0.79 per cent to close at N13.581 trillion from N13.474 trillion achieved on Wednesday. Also, the All-Share Index grew Read More…
NSE market capitalisation sustains growth by N67bn
The Nigerian Stock Exchange (NSE) key market indicators on Wednesday sustained positive rally, appreciating by 0.50 per cent due to monetary policy rate cut to 11.5 per cent. Speficially, the market capitalisation rose by N67 billion to close at N13.474 trillion against N13.407 trillion recorded on Tuesday. Also, the NSE All-Share Index inched higher by Read More…
Stock market advances by N42bn in response to MPR cut
Transactions on the Nigerian Stock Exchange on Tuesday rebounded further by 0.31 per cent, just as the Monetary Policy Committee (MPC) reduced interest rate by 100 basis points. The MPC of the Central Bank of Nigeria (CBN) at the end of two-day meeting slashed monetary policy rate by 100 basis points to 11.5 per cent Read More…
NSE All-Share Index grows further by 0.15%
The bulls continued to dominate trading on the Nigerian Stock Exchange (NSE) on Wednesday with the key market indices improving further by 0.15 per cent. Specifically, the NSE All-Share Index which opened at 25,291.73 inched higher by 38.37 points or 0.15 per cent to close at 25,330.10. Also, the market capitalisation rose by N20 billion Read More…
NSE’s trading indices remain upbeat by 0.13%
Trading on the Nigerian Stock Exchange (NSE) maintained positive trend on Thursday for the third consecutive days, as its indices increased further by 0.13 per cent. Specifically, the All-Share Index increased by 33.28 points 0.13 per cent to close at 25,204.60 compared with 25,171.32 achieved on Wednesday. As a result, the Month-to-Date gain increased to Read More…