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Tag: Nigerian equities market

Large-cap Stocks Drag Market Lower, investors lose N11.83bn

Large-cap Stocks Drag Market Lower, investors lose N11.83bn   The Nigerian equities market started the week on a negative note as declines in some large-cap stocks saw the market closing lower by N11.83bn at the end of trading. The Nigerian Exchange Limited’s All-Share Index fell by 0.05...

Equities Rebound As Capitalisation Rises By N55bn After Holiday

Equities Rebound As Capitalisation Rises By N55bn After Holiday   The Nigerian equities market closed trading on Wednesday after the public holiday on a positive note with the market capitalisation improving by N55 billion. The bullish performance was buoyed by investors’ bargain hunting in the industrial goods...

GTBank, Unilever, Stanbic IBTC Drive stocks’ Rebound

GTBank, Unilever, Stanbic IBTC Drive stocks’ Rebound   The Nigerian equities market returned to a N50bn gain on Thursday, spurred by upticks in Guaranty Trust Bank Plc, Unilever Nigeria Plc and Stanbic IBTC Holdings Plc’s shares. The Nigerian Stock Exchange All-Share Index closed 0.33 per cent higher...

Stocks Shed N236bn, As Unity Bank, Wapic, Unic Top Losers

Stocks Shed N236bn, As Unity Bank, Wapic, Unic Top Losers   The Nigerian equities market declined by N236bn on Wednesday after 23 stocks closed in red, with Unity Bank Plc, Wapic Insurance Plc and Unic Diversified Holdings Plc emerging as the worst stocks. The Nigerian Stock Exchange...

Equities Gain N1.5tn On Sustained Rally

Equities Gain N1.5tn On Sustained Rally The Nigerian equities market recorded an unprecedented surge of 10.2 per cent last week against the backdrop of rising oil prices and strong portfolio flows. The Nigerian Stock Exchange (NSE) All-Share Index(ASI) hit a 10-month high of 42,898.90, while...

Nigerian Equities Market Rebounds on Bargain Hunting

Nigerian Equities Market Rebounds on Bargain Hunting Nigerian equities market witnessed a rebound wednesday after two days of bearish as the Nigerian Stock Exchange (NSE) All-Share Index appreciated by 0.40 per cent to close at 37933.86. The market had been bearish Monday on profit taking. However,...