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Stock Investors’ Fortunes Rise Further By N375bn

Stock Investors’ Fortunes Rise Further By N375bn     Following sustained bargain hunting in most bluechip stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE) continued upbeat, causing market capitalisation to increase further by N375 billion. Yesterday, the All-Share Index (ASI) increased by 719.45 absolute...

NSE Sustains Uptrend, Investors Gain N344bn

NSE Sustains Uptrend, Investors Gain N344bn   The Nigerian Stock Exchange on Wednesday maintained its uptrend of gains, extending positive sentiment to five consecutive trading sessions, with a gain of N343.96bn. The market breadth closed on a positive note, recording 28 gainers as against 11 losers. Consequently, the...

Investors Gain N258bn On Blue-chip Stocks

Investors Gain N258bn On Blue-chip Stocks   The Nigerian equities market closed on Tuesday with a 2.32 per cent gain, extending previous positive sentiment to four consecutive trading day, following gains recorded by blue-chip firms The market breadth closed on a positive note, recording 28 gainers as...

Equities Loss Reversed As Investors Gain N134bn

Equities Loss Reversed As Investors Gain N134bn     Equities market closed Tuesday on a positive to reverse prior two days’ negative sentiment following gains recorded majorly by blue-chip stocks. The positive sentiment brought the market’s Year-to-date returns to currently stand at -22.04 per cent. The key market performance...

SEC Begins New Investors’ Identification Regime

SEC Begins New Investors’ Identification Regime   Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), will on April 1, begin enforcement of a new investors’ identification regime aimed at enhancing transparency in the capital market and forestall the recurring incidence of unclaimed dividend. In a...

Investors Count Losses As Stock Market Sheds N1.8trn

Investors Count Losses As Stock Market Sheds N1.8trn   It was a gloomy week for stock investors globally as the Coronavirus fears and slump in crude oil price push markets to their worst weekly performance since 2008 financial crisis. In Nigeria, the risk-off approach by some...