Nigerian Equities market closed in red yesterday for the third consecutive session of the week and the year 2017. The bearish run now costs N139.3 billion lost by investors in three days. Tracking the performance of the market, equities descended further as the Nigerian Stock Exchange’
Equities trading on the Nigerian Stock Exchange (NSE) began the week on a marginally positive note. The AllShare Index (ASI) closed at 25,743.03 from 25,740.83 on Friday and market capitalization closing at N8.856 trillion from N8.692 trillion. Oil and Gas Stocks maintained appreciation, albeit at a slower pace with a growth of 3.57 percent compared […]
Mobil Oil Nigeria Plc’s shares have recorded a 66 percent appreciation in the last two weeks, as share price rose from N195 to N324 per share. Analysis showed that the increase represented a growth in investor’s worth rose from N70.3 billion as at 18th November 2016 to N116.9 billion, at 2nd December 2016. The growth, […]
The volume of shares traded on the Nigerian Stock Exchange (NSE) appreciated by 40.4 percent to settle at 202.4 million units, as the market opened the week with further price losses yesterday. The shares traded in 2,558 deals were valued at N1.616 billion compared to 144.2 million units valued at N2.143 billion and exchanged in […]
Depreciation recorded in the equities market continued for the eighth day running for the eighth day running yesterday, as the All Share Index (ASI) lost 0.15 percent more to close at 25,461.34 points. Market capitalization declined N13 billion to settle at N8.765 trillion as the year-todate losses increased to -11.11 percent. According to market analysts, […]
The Nigerian equities market relapsed by 0.01 percent against previous session’s gain when the lead indicator of the Nigerian Stock Exchange (NSE); the All Share Index (ASI) added 0.58 percent. The ASI specifically dropped 1.78 points to close at 27,810.28 against 161.74 points added on Monday to close at 27,812.06 points, retaining the year to […]
Access Bank Plc has sought the permission of the Nigerian Stock Exchange (NSE) to submit its half year audited financial statements not later than August 31, 2016. The Bank noted in a regulatory filing with the NSE that its Board of Directors will be meeting on July 28, 2016 to approve the Bank’s Half […]