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Equity Market Begins August With N38bn Gain

Equity Market Begins August With N38bn Gain     The equity market on Monday sustained rally for the second trading session to open the month of August on the positive note. The market performance indices, NSE ASI, appreciated by 0.29 per cent as the market breath closed positive...

Equity Market Lose N70bn, Sell-off Persists

Equity Market Lose N70bn, Sell-off Persists     The Nigerian bourse on Tuesday closed lower to reverse the previous day gain as bears regained their grip following the sell-off that have persisted on the equities market. Market breadth closed negative as Total Oil Nigeria le 16 other losers...

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...

Investors Gain N176bn As Equities Market Rebounds

Investors Gain N176bn As Equities Market Rebounds   The stock market recorded a positive performance as gains in Dangote Cement (+10.0percent) and MTNN (+7.4percent) drove the benchmark index up 140bps to settle at 24,512.27 points. Consequently, investors gained N176.7bn as market capitalisation advanced to N12.8tn while year...

Equity Market Records Marginal Loss

Equity Market Records Marginal Loss   Equity investors on Wednesday recorded marginal loss as market almost closed on flat note, depreciating by 0.004 per cent. Consequently, the All-Share Index dipped 95.01 basis points or 0.004 per cent to close at 24,173.53 index points as against 24,174.45 recorded...

Equity Market Begins Week With N9bn Loss

Equity Market Begins Week With N9bn Loss     Transactions on the floor of the Nigerian equity market on Monday extended losses as bears tighten their grip on the local bourse. The market breadth also closed positive and recorded 12 gainers against 13 losers. Consequently, the All-Share Index dipped...