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Market Capitalisation Plunges By N8bn

Market Capitalisation Plunges By N8bn     Transactions on the Nigeria Stock Exchange (NSE) reversed the previous session’s gains to close on a downturn yesterday, with market capitalisation depreciating by N8 billion. The All-Share Index (ASI) fell by 14.68 absolute points, representing a decline of 0.04 per cent...

Stocks Reopen With N45bn Loss

Stocks Reopen With N45bn Loss       Nigerian equities continued on the downward trend yesterday as investors continued their portfolio realignment across the sectors. Benchmark indices at the Nigerian Stock Exchange (NSE) indicated average decline of 0.22 per cent yesterday, equivalent to net capital depreciation of N45.3 billion....

Stock Investors Lose N371bn In One Trading Session

Stock Investors Lose N371bn In One Trading Session     Investors on the Nigerian Stock Exchange on Tuesday lost N317bn in a trading session amid sell pressure on bellwethers, the News Agency of Nigeria reported. Specifically, the market capitalisation which opened at N20.612tn shed N371bn or 1.80 per...

Stocks Extend Losing Streak, Investors Lose N240bn

Stocks Extend Losing Streak, Investors Lose N240bn       Investors in the Nigerian stock market lost N240bn in the first trading week of March as the market capitalisation declined further. The Nigerian Stock Exchange All-Share Index and the market capitalisation dropped by 1.18 per cent to close last...

Investors Lose N120bn As Stocks Resume Decline

Investors Lose N120bn As Stocks Resume Decline     The Nigerian stock market, which began the month on a positive note, resumed its decline on Tuesday as 26 firms recorded price losses at the end of trading. The Nigerian Stock Exchange All-Share Index had risen by 0.33 per...

Stock Investors Lose N1.37trn In One Month

Stock Investors Lose N1.37trn In One Month       Investors in the Nigerian stock market recorded a total loss of N1.37tn in February as market capitalisation tumbled below N21tn amid profit-taking. Investors had gained over N1.13tn in January as the market capitalisation closed at N22.19tn from N21.06tn at...