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Interests In Insurance, Oil Stocks Drive N93bn Gain

Interests In Insurance, Oil Stocks Drive N93bn Gain   On the second-to-the-last trading day of the year 2019, the nation’s stock market saw a renewed interest of investors, particularly in insurance and oil and gas stocks. Investors gained N93.1bn as the market capitalisation of equities increased from...

Stock Market Starts Week With N76.6bn Gain

Stock Market Starts Week With N76.6bn Gain   The nation’s stock market opened the week with a N76.6bn gain as the All-Share Index rose by 60 basis points to settle at 26,695.18bps following major price appreciation in Dangote Cement Plc, Access Bank Plc and United Bank...

In 2019 Q3, Stock Market Recorded N245bn Gain

In 2019 Q3, Stock Market Recorded N245bn Gain   Despite persistent sell-offs and losses witnessed in the equities market recently, a total of N245bn net gain was recorded in the third quarter of the year. The market capitalisation of equities, which opened the third quarter at N13.250tn,...

Stock Market Welcomes August With N14bn Gain

Stock Market Welcomes August With N14bn Gain   The stock market witnessed a rebound on Thursday, the first trading day in August, as it gained a meagre N14bn. The market, which had recorded a year-to-date loss of -11.8 per cent as of the last day in July,...

Stock Market Begins Week With N221bn Gain

Stock Market Begins Week With N221bn Gain The nation’s stock market opened the week with a N221bn gain on Monday as it sustained the positive momentum witnessed since Thursday’s trading session after the listing of MTN Nigeria Communications Plc on the Nigerian Stock Exchange. The market...

Honeywell, Others Top Stock Market’s N29bn Gain

Honeywell, Others Top Stock Market’s N29bn Gain   Equity transactions on the Nigerian Stock Exchange reversed the two-consecutive days’ downward movement to close in an upbeat yesterday, following price gains recorded by most blue-chip stocks, especially Honeywell flourmills and Cutix, as market capitalization increased by N29...