Banking Business Economy Money Money

Equities market declines by N112bn over investors sustained profit-taking

Ihesiulo Grace 4 October 2019 0

The equities market segment of the Nigerian Stock Exchange (NSE) on Thursday continued on a downward trend as investors’ investment declined by N112 billion on the back of sell-offs in high capitalised stocks. The All Share Index (ASI) decreased by 229.18 absolute points, representing a

Business Capital Market Capital Market News

Equities market lose N89bn over profit-taking

Ihesiulo Grace 30 August 2019 0

Temitope Adebayo The Nigerian Stock Exchange equities market segment on Thursday reverted the gains in the previous trading session, following the All-Share Index (ASI) declined by 0.66 per cent on losses in Dangote Cement, MTN Nigeria, 12 other stocks. The All Share Index fell by 181.45 basis points or 0.66 per cent to 27,425.57 basis […]

Business News

NSE: Equities market index down by 0.39%

Ihesiulo Grace 27 August 2019 0

Temitope Adebayo The equities market segment of the Nigerian Stock Exchange (NSE) ended Monday’s trading session in negative territory, as the All-Share Index closed at 27,691.85 basis points, against 27,800.17 achieved on Friday, which represented a 0.39 per cent decline. Similarly, investors lost N52 billion in values as the market capitalisation closed lower at N13.472

Business

Equities market bearish trend continues with 1.30% decline

Ihesiulo Grace 7 June 2019

Temitope Adebayo Following a two-day public holiday declared by the federal government of Nigeria to mark this year Eid-el-Fitri celebration, trading on the Nigerian Stock Exchange (NSE) resumed yesterday on a bearish trend, as All-Share Index lost 401.22 points or 1.30 per cent to close at 30,527.07 compared with 30,928.29 recorded on Monday. Also, the […]

Business

NSE: Market capitalisation sheds N6bn on first trading day

Ihesiulo Grace 7 May 2019

Temitope Adebayo Trading on the Nigerian bourse opened for the week on Monday on a negative trend with the market capitalisation dropping by N6 billion or 0.05 per cent to close at N10.973 trillion against N10.979 trillion on Friday. Also, the All-Share Index which opened at 29,212.00 lost 15.13 points or 0.05 per cent to […]

Capital Market

Courteville Business Solutions posts N4.8m PAT for H1 2016

Ihesiulo Grace 22 July 2016 0

Courteville Business Solutions Plc has reported a 98 percent decline in profit after tax of N4.8 million for the six months period ended 30th June 2016. This is in contrast to N210.5 million posted for the same period of 2015. Also the ICT based company, recorded a 98 percent drop in profit before tax of […]