Business Capital Market

Equities market year-to-date loss closes’ at -2.6%

Ihesiulo Grace 4 May 2017 0

Equities trading on the Nigerian Stock Exchange extended a gaining streak to the fifth consecutive session, thereby moderating year to date losses to -2.6 percent. Lead market indicators recorded an increase of 0.19 percent each. The All Share Index which opened Thursday’s trading session at

Business Capital Market

Equities market rise for second straight week, erases MTD losses

Ihesiulo Grace 19 March 2017 0

The Nigerian Equities market closed upbeat for the second week in a row, as key market indices appreciated 1.64 percent. The growth recorded at the equities market during the week was occasioned by a moderation in February inflation rate to 17.78 percent from 18.72 percent and steady addition to the foreign reserves, which currently stands […]

Business Capital Market

Negative sentiments: Investors stake N2.4bn on 228m shares

Ihesiulo Grace 2 March 2017 0

Negative market sentiment on Wednesday drove investments lower as N2.4 billion was staked on 228 million shares by investors in 2,958 deals. The decreased turnover was in contrast to 444.5 million shares valued at N3.6 billion in 3336 deals traded on Monday. The Oil and Gas Index was the only sector which closed higher with […]

Business Capital Market

Investors trade N1.5 billion worth of shares.

Ihesiulo Grace 10 February 2017 0

Equities trading on the Nigerian Stock Exchange amounted to N1.5 billion yesterday, as investors moved 143.2 million shares in 2,551 deals. The All-Share Index (ASI) and market capitalization closed at 25,322.30 and N8.774 trillion, following a decline of 0.54 and 0.13 percent respectively. Mansard led the day’s nine appreciating stocks by 4.61 percent to close at […]

Capital Market

Stock Market performance takes U-turn

Ihesiulo Grace 26 January 2017 0

The stock market yesterday turned for the better as most sector indicators tended northwards. The All-Share Index (ASI) and market capitalization added 0.09 percent as a result of a 0.68 percent increase in the NSE Oil and Gas Index. The Oil and Gas Index was buoyed by gains in Oando (2.39%) and Forte Oil (1.88%) […]

Capital Market

Investors move 511.6m shares worth N1.7b

Ihesiulo Grace 29 November 2016 0

Equities market investors traded a total of 511.6 million shares at the end of Tuesday’s trading session. The shares traded in 2,342 deals were worth N1.695 billion and represented a 153 percent growth from 202.4 million shares worth N1.616 billion and exchanged in 2,558 deals on Monday. However, market performance continued in a negative territory as the All […]

Capital Market

Equities market ends week with marginal loss

Ihesiulo Grace 27 November 2016 0

The Nigerian Stock Exchange (NSE) All-Share Index (ASI) and Market Capitalization for the sixth week in a row declined to close the week at 25,333.39 and N8.721 trillion respectively after a depreciation of 0.80 percent. Sector indices also finished lower last week with the exception of the Banking and the Consumer Goods Indices that appreciated […]

Business

Equities Market: Investors move 1.2 billion shares worth N10.3 billion

Ihesiulo Grace 14 September 2016 0

The Nigerian Equities market was closed on Monday and Tuesday in commemoration of the Eid-el-Kabir holidays, to resume trading activities today, Wednesday 14th September. Meanwhile, a turnover of 1.183 billion shares worth N10.300 billion in 16,522 deals were traded last week by investors on the floor of the Exchange in contrast to a total of […]

Business Capital Market

Investors chase Skye Bank shares

Ihesiulo Grace 21 July 2016 0

  Stocks of Skye Bank Plc shares topped the most traded stocks as well as the gainers chart for the second consecutive day on account of renewed investor confidence. Commenting on the stocks recovery, President of the Association of Stockbroking Houses of Nigeria, Mr. Emeka Madubuike said that “the initial fear is wading off because […]