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Dangote Cement, Oando, Others Grow NSE’s Indices By N36 billion

Dangote Cement, Oando, Others Grow NSE’s Indices By N36 billion     Following price gains recorded by major highly capitalized stocks, especially Dangote cement and Oando, transactions on the stock market closed in an upbeat yesterday, as market capitalisation increased by N36 billion. Specifically, at the close of...

As Bulls Remain In Control, Equities Market Rises Further

As Bulls Remain In Control, Equities Market Rises Further Investors’ positive sentiments sustained the bullish trading at the stock market yesterday with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) gaining 0.22 per cent to close at 43,609.77. Although the gain was lower than Monday’s performance,...

In One Session, Stock Market Loses N234bn

In One Session, Stock Market Loses N234bn Continuing last week’s bearish sentiment that dominated trading on the floor of the Nigerian Stock Exchange, the Nigerian stock marketing, on Monday, started the week on a negative note, losing N234bn. The NSE All-Share Index slumped by 1.5 per...

NSE All-Share Index Gains 1.2% As Equities Market Extends Bullish Run

NSE All-Share Index Gains 1.2% As Equities Market Extends Bullish Run The Nigerian equities market extended its bullish run for the fourth consecutive day this week as investors’ positive sentiments continued. As a result, the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) appreciated by...

Stock market falls by N164bn

The Nigerian Stock Exchange (NSE) yesterday continued for the third day to witness sell pressure, as bargain hunters remained on the sidelines. Consequently, the overall performance measures, NSE ASI and market capitalisation, fell by 1.73 per cent. This was due to sustained profit taking by...

NSE: Investors lose N91bn

Heavy losses recorded by two consumers goods companies – Cadbury Nigeria Plc and GlaxoSmithKline, GSK Plc – last week resulted in N91 billion decline in investors’ wealth on the Nigerian Stock Exchange, NSE. Trading statistics showed that Cadbury Nigeria Plc’s shares, which topped other 37...