The nation’s bourse on Thursday continued positive run for the fourth straight trading session with the benchmark index crossing 36,000 mark due to interest in Airtel Africa and 29 other stocks. Specifically, the All-Share Index inched higher by 746.47 points or 2.10 per cent to close at 36,239.62 compared with 35,493.15 recorded on Wednesday. Consequently, Read More…
Tag: stock market
Bulls maintain dominance on NSE, indices up 0.76%
The bulls continued to dominate trading on the Nigerian Stock Exchange on Wednesday with the market indicators rising further by 0.76 per cent. Consequently, the All-Share Index rose by 267.93 points of 0.76 per cent to close at 35,493.15 compared with 35,225.22 achieved on Tuesday. Similarly, the market capitalisation garnered N140 billion to close at Read More…
NSE bounces back with 1.73% growth
The domestic equities market opened for the week on Monday on a positive note with the All-Share Index appreciating by 1.73 per cent, amid buying interest in Dangote Cement and 25 other stocks. Specifically, the index which opened at 34,250.74 rose by 592.70 points or 1.73 per cent to close at 34,843.44. Accordingly, month-to-date loss Read More…
Profit taking persists as NSE All-Share Index dips further by 0.89%
Trading on the nation’s bourse maintained a downward trend for the fifth consecutive trading days with the All-Share Index declining by 0.89 per cent. The index lost 306.52 points or 0.89 per cent to close at 34,250.74 from 34,557.26 posted on Thursday. Similarly, the market capitalisation of listed equities dipped N171 billion to N17.901 trillion Read More…
Profit taking persists on NSE as market capitalisation loses N232bn
The Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion. Specifically, the market capitalisation which opened at N18.304 trillion dipped N232 billion to close at N18.072 trillion. Also, the All-Share Index lost 464.00 points or 1.32 per cent to close at 34,557.26 Read More…
Bears persist on NSE as market capitalisation loses N6bn
The losing streak of the Nigerian Stock Exchange (NSE) extended on Wednesday with the market capitalisation dropping further by N6 billion. Specifically, the market capitalisation which opened at N18.310 trillion lost N6 billion to close at N18.304 trillion. Also, the All-Share Index dipped 12.48 points or 0.04 per cent to close at 35,021.26 compared with 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 rebounds by N89bn on Airtel Africa gain
After two consecutive days’ loss, the Nigeria stock market on Friday rebounded by N89 billion due to price appreciation recorded by Airtel Africa. Airtel Africa dominated the gainers’ chart with N51.50 to close at N640 per share. It was followed by Mobil Oil with N19.20 kobo to close at N228, while Ardova gained 45k to 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…