Picture above credit: Aerial photo of Lagos Island Nigeria, Nigeria’s commercial hub. Photograph: Tayvay/Shutterstock.com Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent. Specifically, ASI, which opened at 24,269.58, dipped 95.13 points to close at 24,174.45. Similarly, the market capitalisation shed Read More…
Tag: NSE
NSE market indices down 0.07%, as MPC retains policy rates
The Nigerian Stock Exchange (NSE) opened the week on Monday with a loss of 0.07 per cent, just as the Monetary Policy Committee (MPC) retained key policy variables. The MPC committee members at the end of the one-day virtual policy meeting retained all policy parameters. They maintained the Monetary Policy Rate (MPR) at 12.5 per Read More…
Nigeria’s bourse simplifies capital market investment with comic book
The Nigerian Stock Exchange (NSE) has reiterated its commitment to promoting financial literacy with its comic series, ‘StockTown’, issued to simplify ways of investing in the Capital Market. Mr Olumide Orojimi, the Head, Corporate Communications, NSE, said in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos that the Read More…
Nigeria’s stock market opens week with N55bn loss
The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in some blue chips. Specifically, the market capitalisation which opened at N12.679 trillion lost N55 billion to close at N12.624 trillion. Also, the All-Share Index (ASI) dipped 105.76 points or 0.44 per cent to close at Read More…
Weakened sentiment: NSE All-Share Index dips 0.01%
Sentiments in the nation’s bourse weakened on Thursday, with the All-Share Index dropping by 0.01 per cent. Specifically, the All-Share Index (ASI) decreased by 1.51 points to close at 24,276.56 in contrast with 24,278.07 achieved on Wednesday. Accordingly, Month-to-Date and Year-to-Date losses stood -0.8 per cent and -9.6 per cent, respectively. Similarly, the market capitalisation Read More…
Unaudited results: NSE warns investors on shares of 13 firms
The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation. The affected companies include Aso Savings and Loans, Deap Capital Management & Trust, DN Tyre & Rubber, FTN Cocoa and Goldlink Insurance. Others are International Energy Insurance, Medview Read More…
Shares at NSE down 19.88%
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 19.88 per cent, just as the market indices declined further. Specifically, investors traded 144.31 million shares worth N1.52 billion achieved in 3,993 deals. This was in contrast with 180.12 million shares valued at N1.85 billion exchanged in 3,889 deals on Read More…