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…
Tag: MARKET CAPITALISATION
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 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…
NSE market capitalisation rebounds by N59bn
The nation’s bourse on Thursday rebounded with a growth of N59 billion in spite of social unrest and curfew in major cities of the country. Specifically, the market capitalisation which opened at N14.870 trillion rose by N59 billion or 0.40 per cent to close at N14.929 trillion. Also, the All-Share Index increased by 114.38 points 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 up by N177bn on Dangote Cement gain
Picture above credit: A Dangote Cement Plc logo stands on a barrier at the under-construction Dangote Industries Ltd. oil refinery and fertilizer plant site in the Ibeju Lekki district, outside of Lagos, Nigeria, on Thursday, July 5, 2018. The $10 billion refinery, set to be one of the worlds largest and process 650,000 barrels of Read More…