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NSE Market Capitalisation Gains N130bn

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday improved by N130 billion following gains posted by some highly capitalised equities. The market capitalisation rose by N130 billion or 1.03 per cent to close at N12.739 trillion compared with N12.609 trillion recorded on Monday. Similarly, the...

SEC reduces Cost of raising Capital

The Securities and Ex change Commission, SEC, yesterday, released a draft rule seeking reduction in cost of primary equity and fixed income issues by various trade groups in the capital market, including the Nigerian Stock Exchange, NSE, and the Commission. Nigerian Securities and Exchange Commission...

NSE Records N44.39bn in January and February

The Nigeria stock Exchange (NSE) market has recorded a turnover of 12.07 billion shares worth N44.39 billion in the first two months of 2017, showing the weak investor demand for equities. An analysis of the performance showed that January accounted for the highest turnover...

Uncertainty Persists as NSE Index Down by 0.62%

Trading activities on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative trend with the All-Share Index nosediving by 158.69 points or 0.62 per cent due to profit taking. The News Agency of Nigeria (NAN) reports that the index lost...

Market index dips by 0.79%, investors lose N71bn

The equities market on Wednesday depreciated by 0.79 per cent, causing the market capitalisation of the Nigerian Stock Exchange to fall by N71bn at the close of trading. This aggravated the poor performance since the beginning of the week, dragging down the year-to-date return on...

NSE’s ETF Assets under management hits N4.24bn

The Nigerian Stock Exchange (NSE) has said that its Exchange Traded Funds (ETF) market now has total Assets Under Management (AUM) of over N4.24 billion. An Exchange Traded Fund (ETF) is a financial security that tracks an index, either in the form of a commodity...