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Profit Taking Persist On NSE, Market Capitalisation Loses N232bn

Profit Taking Persist On NSE, Market Capitalisation Loses N232bn         The Nigerian stock market closed on a negative note for the fourth straight session on Thursday with the market capitalisation losing N232 billion. Specifically, the market capitalisation which opened at N18.304 trillion dipped N232 billion to close...

Stock Market Extends Gains By N55bn

Stock Market Extends Gains By N55bn          Nigerian stock market sustained its positive outlook on Tuesday to begin the month of December on a positive note as the All-Share Index and the market capitalisation rose further by 0.30 per cent each. Market watchers attributed the development to...

NSE Gains N144bn On Blue-chip Firms

NSE Gains N144bn On Blue-chip Firms           Equity trading on the floor of the Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note with a gain of N132bn as the bulls recaptured trading activities after three days’ downturn. The market performance indices, NSE All-Share Index,...

Equity Market Rebounds With N301bn Gain

Equity Market Rebounds With N301bn Gain         The Nigerian equity market on Wednesday closed the market in the green as investors began to take a position on the undervalued stocks. Key market indicators, the NSE ASI grew by 1.68 per cent as market breath closed positive with...

Nigerian Equities Cross N16trn Mark With N133bn Gain

Nigerian Equities Cross N16trn Mark With N133bn Gain       Nigerian equities crossed the N16 trillion mark to market capitalisation of N16.064 trillion yesterday after a major rally by Dangote Cement roused the market to net capital gain of N133 billion. Aggregate market value of all quoted equities...

Stock Market Records N2.7trn Gain In Two Months

Stock Market Records N2.7trn Gain In Two Months         Equity trading on the Nigerian Stock Exchange recorded a gain of N2.75tn in the last two months (September and October 2020) following investors’ high demand for undervalued stocks. Economic Confidential gathered that despite the #EndSARS protests and the...