Stock Market Extend Gains With N59bn       The local bourse extended gains for the third consecutive trading session as a result of price appreciation in Guaranty (+4.2percent), WAPCO (+6.8%), and UBN (+5.3%). This pushed market capitalisation by N59.0bn to close at N20.5tn even as the All-Share index...

Sell-offs Persist As Market Shed N60bn     The equities market sustained a downtrend as market capitalisation declined by N57.9 billion to settle at N20.3 trillion while year to date loss worsened to -4.1 percent. The All-Share Index declined 29bps to settle at 38,601.83 points due to sell-offs...

Stock Market Records N140bn Weekly Loss       The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index and market capitalisation depreciated by 0.69 per cent to close the week at 38,382.39 and N20.08tn respectively. All other indices, however, finished...

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...

Stock Market Rises By N128bn On Demutualisation     The nation’s bourse on Wednesday overcame its negative posture growing by N128bn following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation, the News Agency of Nigeria reported. Specifically, the market capitalisation rose...

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...