BY TEMITOPE ADEBAYO The Nigerian stock market continued its downward spiral, losing N290 billion on Wednesday as investor sentiment remained weak for the third consecutive session. The Nigerian Exchange (NGX) All-Share Index dropped by 0.44 per cent, closing at 106,436.48, amid sustained sell-off pressure and a stronger appeal for fixed-interest securities, which detracted from equities […]
BY TEMITOPE ADEBAYO The local stock market concluded yesterday’s session on a positive trajectory, with the overall capitalisation increasing by N467 billion. The All-Share Index (ASI) rose by 770.56 points, representing an increase of 0.77 per cent to close at 101,248.02 points. Also, market capitalisation gained N467 billion to close at N61.375 trillion. The upturn […]
BY TEMITOPE ADEBAYO Trading activities on the domestic stock market yesterday closed negative, as price decline in Nestle Nigeria and 28 others pulled the market lower by N69 billion. The All-Share Index (ASI) lost 113.55 points, representing a decline of 0.12 per cent to close at 97,260.39 points. Also, market capitalisation declined by N69 billion […]
BY TEMITOPE ADEBAYO The Nigerian stock market continued its downward spiral for the eighth consecutive session, with the All-Share Index (ASI) shedding 42 basis points to close at 97,359.76 points. This decline marks a fourth loss for the market this week, putting it on track for a weekly loss. The market’s downward trend was fueled […]
By Temitope Adebayo The domestic stock market yesterday started the week in negative territory as the overall capitalization declined by N238 billion. The All-Share Index (ASI) lost 421.91 points, representing a loss of 0.40 per cent to close at 104,663.34 points. Also, market capitalisation dipped by N238 billion to close at N59.178 trillion. The downturn […]
Over N60 billion was gained by investors during Monday’s trading activity at the Nigerian bourse after the equity capitalisation closed the day at N20.49 trillion, topping the N20.43 trillion it ended Friday with. This gain reflected in the All Share Index which rose by 0.29 percent today, rising to 39,312.74 ASI from the 39,198.75 ASI […]
Trading activities on the nation’s bourse extended losing streak on Tuesday, declining further by N16 billion due to profit-taking on 21 stocks. Specifically, the All-Share Index lost 30.75 points or 0.07 per cent to close at 41,051.63, from 41,082.38 posted on Monday. Consequently, month-to-date and year-to-date returns moderated to 1.9 per cent. In the same […]
The Nigerian stock market extended its positive rally on Thursday, appreciating further by N325 billion, amid increased buying interest. Specifically, the market capitalisation inched higher by N325 billion or 1.54 per cent to close at N21.418 trillion from N21.093 trillion on Wednesday. In the same vein, the All-Share Index garnered 622.09 points or 1.54 per […]
Following market apathy, equity trading on the Nigerian Stock Exchange (NSE) floor on Monday opened the trading week on the negative route. As gathered by Daily Times, the market breadth closed positively with 16 gainers against 15 losers. The NSE All-Share Index dipped 23.41 basis points or 0.09 per cent to close at 25,582.23 as […]
Europe’s leading markets opened in the red on Monday and remained in negative territory at midday, shadowing most Asian markets, amid concerns over the fallout from the global coronavirus pandemic. Germany’s stock market initially took another hit. The benchmark DAX index dropped 4.08 per cent to 8,564.59 points in early trading but by midday (1100 GMT) had recovered […]
European stock markets regained some ground on Friday after heavy losses the day before, even though some Asian markets fell sharply as the economic implications of the new coronavirus continued to weigh on values. London’s key FTSE 100 index rebounded in opening trading, gaining 4.6 per cent after Thursday marked its biggest daily fall since […]
The equities market started the month on a negative note, with the ASI closing lower by 1.12 per cent to 42,843.38, as investors took profit across major sectors. Accordingly, the Year-to-Date gain moderated to 12.03 per cent. The Industrial Goods, Banking, and Consumer Goods indices led the day’s decline with a 2.20 per cent, 1.14 […]
*FCMB 9.84% merged highest gainer, Eterna worst loser with 6.82% The Nigerian equities market opened the new week yesterday on sustained growth trajectory as the Nigerian Stock Exchange’s All- Share Index further gained 0.51 per cent. The growth was powered by gains recorded by highly capitalized stocks, which pitched demand against supply in the equities […]
Equities trading on the Nigerian Stock Exchange closed Tuesday, the first trading day in the year 2018 on a positive note, as NSEASI appreciated by 0.06 per cent to close at 38,264.79 basis points. This was in comparison with a 0.66% appreciation recorded in the previous session when ASI closed at 38243.19 basis points. The […]
…Appreciates for 6th consecutive session Trading activities on the floor of The Nigeria Stock Exchange have continued to soar higher over the last 6 trading sessions, resisting the scandal between the Securities and Exchange Commission (SEC), Oando and the Federal Government. In fact, the market has recorded a rapid growth as the All-Share Index has […]
Nigeria’s stock market on Monday rebounded from a one day (Monday) relapse as all sectors closed Tuesday in green save for the NSE’s Oil and Gas Index that fell 0.31 per cent. The All-Share Index subsequently appreciated 0.68 per cent, to close the day at 37,503.73 points; and the market capitalisation re-crossed the N13 trillion […]
As the Nigerian Bureau of Statistics (NBS) announced the Q3 2017 GDP report showing the economy grew farther by 1.4 per cent on Monday, Nigeria’s stock market advanced higher to close in a positive territory. The growth in GDP is the second consecutive positive growth in the GDP since Q2-2017, supported by a spike in […]
The Nigerian Stock Exchange (NSE), resumed trading for the week on Monday, on a positive note with the market indices appreciating marginally by 0.06 per cent. The market capitalisation rose by N8 billion or 0.06 per cent to close at N12.627 trillion compared to N12.619 trn achieved on Friday. Also, the All-Share Index, which opened […]
The first trading day in the month of September kicked- off on a negative note as investors barely reacted to the news of Nigeria’s exit from recession, announced by the National Bureau of Statistics (NBS) on Tuesday. Stock market performance for the month of August had closed negative with a Month-to-Date return of -0.95 per […]
…as Consolidated Hallmark propose N500m rights issue Nigeria’s equities market kick-started trading for the week on a negative note on Monday, as the Nigerian Stock Exchange All-Share Index declined by 0.90 per cent as against an appreciation of 0.19 per cent recorded in the previous session. The stock market year-to-date (YTD) thus reduced to 35.14 […]