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Stock Market Sets New Milestone, Crosses N20trn Capitalisation

Stock Market Sets New Milestone, Crosses N20trn Capitalisation         The market capitalisation of the Nigerian Stock Exchange (NSE) crossed N20 trillion capitalisation for the first time in the history of equity market last week, indicating an inflow of more funds into the market. The bullish sentiment continued...

With N73bn Gain, Equity Market Halts Downturn

With N73bn Gain, Equity Market Halts Downturn     The NSE All-Share Index and Market Capitalisation both appreciated by 0.58 per cent to close the week at 24,427.73 and N12.743tn, respectively halting weeks of declines. Analysis of the weekly transactions showed that all other indices finished higher during...

Stock Market Rises Slightly After Two-day Decline

   Stock Market Rises Slightly After Two-day Decline     Trading activities on the floor of the Nigerian Stock Exchange closed on a positive note on Wednesday as equities reversed some of its recent losses following gains recorded by blue-chip firms. The market breadth, however, closed negative as...

Equities Market Records N786.7m Cap Decline

Equities Market Records N786.7m Cap Decline     The equities market of the Nigerian Stock Exchange (NSE) recorded a moderate loss of 1bp to close at 24,276.56 due to sell-offs in Intbrew (-8.9percent), FBNH (-0.9percent) and Access (-0.8percent). This resulted in a total loss of N786.7million for investors...

NSE Closes Negative With 1.41% Loss

NSE Closes Negative With 1.41% Loss     Transactions on the floor of the Nigerian Stock Exchange (NSE) closed last week on the negative trajectory following profit taking witnessed across major blue-chip firms. Consequently, the NSE All-Share Index and market capitalisation both depreciated by 1.41 per cent to...

Market Gaining Streak Halted After Capitalisation Sheds N38bn

Market Gaining Streak Halted After Capitalisation Sheds N38bn   The Nigerian equities market lost Wednesday gains at the end of yesterday’s’s transactions, following sell-pressure in high cap stocks, resulting to a slide in market capitalisation by N38 billion. The All Share Index (ASI) fell by 81.28 points...