The nation’s bourse on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisation rose by N235 billion or 1.20 per cent to close at N19.805 trillion from N19.570 trillion achieved on Monday. Also, the All-Share Read More…
Tag: stocks
Following border reopening, NSE market capitalisation hits N19trn
The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched higher by 565.13 Read More…
Bulls persist on NSE, index crosses 36,000 mark
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…
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 market capitalisation inches higher by N199bn due to bargain hunting
The Nigerian equities on Tuesday, extended its positive momentum with the market capitalisation increasing further by N199 billion, as investors stepped -up bargain-hunting ahead of 2021. Specifically, the market capitalisation rose by N199 billion or 1.09 per cent to close at N18.410 trillion compared with N18.211 trillion achieved on Monday. Also, the All-Share Index gained 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…
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 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 triggers circuit breaker as index rises beyond 5%
The Nigerian Stock Exchange (NSE) on Thursday triggered circuit breaker to guard against sharp market fluctuation as the All-Share Index (ASI) rises beyond five per cent threshold. The NSE in a statement posted on its website said that a market-wide circuit breaker kicked in on Thursday, at 12:55p.m, when the NSE ASI rose beyond the Read More…