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Stock Market Rises By N128bn On Demutualisation

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

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...

Stock Investors Gain N30bn As Market Closes Higher

Stock Investors Gain N30bn As Market Closes Higher       Investors in the nation’s stock market gained N30bn on Wednesday as Oando Plc and 21 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.14 per cent to close at 40,221.30 basis points while...

NSE Market Capitalisation Appreciates By N27bn

NSE Market Capitalisation Appreciates By N27bn     The market capitalisation of the Nigerian Stock Exchange for the third consecutive day on Wednesday posted further growth increasing by N27bn. The News Agency of Nigeria reported that the market capitalisation rose by N27bn or 0.23 per cent to close...

Stock Market Sheds N130bn, Extends Losing Streak

Stock Market Sheds N130bn, Extends Losing Streak       The market capitalisation of equities listed on the nation’s stock market declined by N130bn last week as negative sentiments persisted amid profit-taking. The Nigerian Stock Exchange All-Share Index closed at 40,186.70 basis points on Friday, down from 40,439.85 a...

Investors Lose N20bn As Stock Extends Decline

Investors Lose N20bn As Stock Extends Decline       Investors lost N20bn on Wednesday as the nation’s stock market extended its decline to the third consecutive trading session amid profit-taking. Five insurance stocks were among the top six losers at the end of trading on Wednesday. The market had...