More IPOs Will Flood Stock Market In 2019, Says BPE
The Bureau of Public Enterprises has said the Nigerian Stock Market will see more Initial Public Offerings(IPOs) next year.
The Director General, BPE, Mr Alex Okoh, said the BPE was working towards the privatisation of some...
Mixed Trading Seen As Investors Await More Results
Trading at the nation’s stock market is expected to be mixed this week, as investors expect the filing of annual financial statements by companies that missed the March 31, 2018 deadline.
Some of the companies, including Presco Plc,...
Stock Market Sheds N175bn, Starts March In Loss
The Nigerian stock market recorded a decline of N175bn on the first day of the new month after 31 stocks plummeted.
At the close of trading, the Nigerian Stock Exchange market capitalisation slumped to N15.374tn from N15.549tn.
The NSE...
Stocks Rebound As Market Appreciates By N370bn
The Nigerian stock market returned to gains on Wednesday after the Nigerian Stock Exchange equities capitalisation rose by N370bn following renewed interest in large cap stocks.
The All-Share Index rose by 2.4 per cent to settle at 43,330.54 from...
Equities Shed N54bn As Insurance Stocks Lead Losers
The Nigerian stock market on Wednesday halted its bullish run to close negative as equities investors lost N54bn.
A total of 651.901 million shares valued at N7.764bn exchanged hands in 7,091 deals.
Lasaco Assurance Plc declined by 8.7 per...
Nigerian Bourse: Sustaining The Bull Run
After recovering from a three-year decline to post a growth of 42.3 per cent last year, the Nigerian bourse is sustaining the momentum in the new year.
For three years, investors in the Nigerian stock market counted more losses than...
