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Equities Appreciate As UBA, Access Bank Join NSE Premium Board

Equities Appreciate As UBA, Access Bank Join NSE Premium Board   The Nigerian Stock Exchange has upgraded United Bank for Africa Plc and Access Bank Plc to the NSE premium board, joining Dangote Cement Plc, FBN Holdings Plc and Zenith Bank Plc. Meanwhile, the Nigerian bourse started...

Amidst Persistent Bear Run, Equities Trading Volume Surges 337%

Amidst Persistent Bear Run, Equities Trading Volume Surges 337% The volume of trading surged at the stock market Thursday boosted by huge transaction in the shares of Sterling Bank Plc. Although the market remained bearish for the fourth consecutive day, the volume of trading jumped...

With N2.3trn Gain, Nigeria Leads Global Equities Rally

With N2.3trn Gain, Nigeria Leads Global Equities Rally Nigeria is among the three best-performing stock markets globally. The market’s bullish run, which started last year with a full-year return of N4.36trillion gained N2.287trillion last month. Average return at the Nigerian equities market stood at 15.95 per...

Dangote Cement Spurs Market Performance, Equities Gain N59bn

Dangote Cement Spurs Market Performance, Equities Gain N59bn The Nigerian stock market, on Thursday, appreciated by N59bn, boosted mainly by Dangote Cement Plc shares. It recovered from Wednesday’s negative performance as the All-Share Index rose by 0.26 per cent to 44,460.18 basis points from 44,343.65 basis...

Equities Shed N54bn As Insurance Stocks Lead Losers

Equities Shed N54bn As Insurance Stocks Lead Losers The Nigerian stock market on Wednesday halted its bullish run to close negative as equities investors lost N54bn. A total of 651.901 million shares valued at N7.764bn exchanged hands in 7,091 deals. Lasaco Assurance Plc declined by 8.7 per...

Market Sheds N462.9bn On Profit Taking

Market Sheds N462.9bn On Profit Taking The bullish trading that has characterised the equities market since the beginning of 2018 was halted last week as investors locked in profits. Having recovered in 2017, the rally was sustained in the first weeks of 2018 with the...