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T-bills: Investors Storm Equities Market Following CBN’s Ban

T-bills: Investors Storm Equities Market Following CBN's Ban   Following the ban of individuals and small firms from investing in treasury bills by the Central Bank of Nigeria, investors poured money into shares instead, which boosted the market capitalisation of equities by N245bn. The CBN had barred...

Equities Market Returns To Losing Streak After Shedding N57bn

Equities Market Returns To Losing Streak After Shedding N57bn   The equities market has returned to its losing streak after two days of gain, shedding N57bn at the end of trading on Wednesday. Stock investors recorded gains worth N131bn on Friday and Tuesday as the stock market...

Equities Market Extend Losing Streak As Index Slumps Further

Equities Market Extend Losing Streak As Index Slumps Further   Equities market extended the losing streak at the end of yesterday’s transactions, as more bluechip stocks depreciated in price, resulting to a further decline in the All-Share Index (ASI) by 0.57 percent. Precisely, the ASI fell by...

In A Month On Continuing Investor Apathy, Equities Market Declines

In A Month On Continuing Investor Apathy, Equities Market Declines   The persistent bear run at the stock market led the Nigerian Stock Exchange (NSE) All-Share Index (ASI) to decline by 4.9 per cent in November, as it closed at 30,874.17. Similarly, the market capitalisation of...

Equities Market Extends Gains on Corporate Earnings Expectations

Equities Market Extends Gains on Corporate Earnings Expectations   The positive performance recorded by the Nigerian bourse the previous week was sustained last week on the back of positive macroeconomic fundamentals and high expectations of improved corporate results. Having appreciated by 0.72 per cent the previous week,...

As 43 Stocks Lose, Market Sheds N143bn

As 43 Stocks Lose, Market Sheds N143bn Losses in the equities market were extended into the third consecutive trading session as 43 stocks dragged the market into N143bn loss. The Nigerian Stock Exchange All-Share Index fell by 96 basis points to close at 43,963.40 basis points...