The Nigerian Stock Exchange (NSE) will be seeking members approval to undertake a listing by introduction at the 59th Annual General Meeting (AGM) slated for Nov. 18. The NSE disclosed this in a notice signed by Mrs Mojisola Adeola, the Council Secretary, posted on its website on Wednesday to notify members of the AGM. The Read More…
Tag: stock market
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…
NSE market indices improve further by 0.47%
The Nigerian Stock Exchange (NSE) on Friday sustained positive trend with the market indices appreciating further by 0.47 per cent. Specifically, NSE the All-Share Index rose by 133.19 points or 0.47 per cent to close at 28,697.06 compared with 28,563.87 achieved on Thursday. Similarly, the market capitalisation which opened at N14.929 trillion improved by N70 Read More…
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…
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…
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…
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 resumes September trading with N46bn growth
The Nigerian Stock Exchange (NSE) on Tuesday sustained positive trend to open trading for the month of September with a growth of N46 billion. Specifically, the market capitalisation which opened the month at N13.212 trillion appreciated by N46 billion to close at N13.258 trillion. In the same vein, the All-Share Index grew by 86.82 points Read More…