Business Featured Stocks

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…

Aerial photo of Lagos Island NigeriaTayvay/Shutterstock.com
Business Featured Stocks

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…

Business Featured Stocks

Nigeria stock market advances further 0.70%

The bulls on Tuesday continued to dominate trading on the nation’s bourse with the market indices improving further by 0.70 per cent, amid increased buying interest. Speficially, the All-Share Index on Tuesday rose by 202.33 points or 0.70 per cent to close at 28,980.29 compared with 28,777.96 achieved on Monday. Also, the market capitalisation inched Read More…

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#EndSARS: Nigeria stock market bows to social unrest, loses N113bn

The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure. Specifically, the market capitalisation shed N113 billion or 0.75 per cent to close at N14.870 trillion against N14.983 trillion recorded on Tuesday. Also, the All-Share Index dipped 216.33 points or 0.75 per Read More…

Business Featured Stocks

Nigeria stock market drops further by N68bn

The bears maintained dominance on the Nigerian Stock Exchange on Friday with the market capitalisation declining further by N68 billion. Specifically, the market capitalisation dropped N68 billion or 0.46 per cent to close at N14.852 against N14.920 trillion. Also, All-Share Index which opened at 28,546.22 lost 130.91 points or 0.46 per cent to close at Read More…

Joe Penney/Reuters
Business Featured Stocks

NSE halts bullish trend, indices down 0.95%

The Nigerian Stock Exchange market indices on Wednesday dropped by 0.95 per cent after 12 consecutive days of bullish trading. The drop followed profit taking in blue chips. Speficially, the All-Share Index dipped 275.02 points or 0.95 per cent to close at 28,634.35 compared with 28,909.37 recorded on Tuesday. Also, the market capitalisation lost N144 Read More…