Business

Equities market sustains downtrend with 0.62% loss

Ihesiulo Grace 28 February 2020 0

The Nigerian Stock Exchange (SE) market Thursday  extended losing streak to five consecutive trading sessions,  as sell pressure persists with a loss of 0.62 per cent. The All-Share Index (ASI) decreased by 166.14 absolute points, representing a dip of 0.62 per cent to close at 26,808.24

News

Nigeria bourse gains 0.87% on last trading day of 2019

Ihesiulo Grace 1 January 2020 0

The Nigerian equities market ended trading for year 2019 on Tuesday on a bullish posture with the All-Share Index appreciating further by 0.87 per cent. The News Agency of Nigeria (NAN) reports that the index rose by 232.73 points or 0.87 per cent to close at 26,842.07 against 26,609.34 posted on Monday. Consequently, the nation’s […]

Business

Investors in equities market lose N335bn in 4 days

Ihesiulo Grace 7 October 2019 0

Investors in the equities segment of the Nigerian Stock Exchange (NSE) lost N335 billion in four days trading as high –mid capitalised shares on the Exchange recorded profit-taking. The federal government had declared Tuesday, October 1, 2019, a public holiday to mark the Nations 59th independence anniversary. Market statistics obtained by our correspondent showed that

Business

NSE: MTN tops gainers chart amid N275bn infraction payment to FG

Ihesiulo Grace 22 May 2019

…As market capitalization hits N13.30trn Motolani Oseni There was a positive trend at the end of trading activities on the Nigerian Stock Exchange (NSE) on Tuesday, with MTN Nigeria Communications leading the gainers’ chart closing at N131.70 per share, amid payment of N275 billion SIM infractions to the federal government. Also, the market capitalisation which […]

Capital Market

Equities Market value drops 1.64 % on profit taking

Ihesiulo Grace 23 June 2017 0

Equities trading closed in red for the second day in a row, as profit taking activities, embarked on by investors continued. The All-Share Index consequently closed at 32,928.44 basis points compared to 33,477.89 points on Wednesday.Most sector index also closed lower in the course of the days trading activities. For instance, B=banking index dropped 2.35 […]

Business Capital Market

Equities Market: Week opens with N13.3 bn loss

Ihesiulo Grace 22 November 2016 0

The downtrend in the Nigerian equities market persisted yesterday with investors losing N13.3 billion at the start of the week. Investors worth tracked by the market capitalization which opened Monday at N8.791 trillion lost 0.15 percent or N13.3 billion to close the day at N8.778 trillion The All Share Index also dropped by 0.15 percent […]

Business Capital Market

13 gainers boost market cap by N38 billion.

Ihesiulo Grace 12 October 2016 0

The Nigerian Equities market continued on a positive on Tuesday as strategic positioning by investors ahead of third quarter 2016 financials releases prevailed. The Nigerian Stock Exchange (NSE) All Share Index (ASI) thus recorded an increase of 0.39 percent to 28,034.32 points from opening figure of 27,925.00 points. The day’s performance reduced the year to […]

Business Capital Market

NSE ASI Declines by 0.41

Ihesiulo Grace 5 May 2015 0

Market activities in the Nigerian Stock Exchange closed on a negative note on Tuesday as the All share Index declined by 0.41 per cent or 49.05 basis point to close at 34,600.33 as against Monday’s closing basis point of 34,649.38. Total rose from its loss of N5.17 yesterday to lead the gainers chart in a […]