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Market Cap Drops Below N13trn As Stocks Lose N190bn

Market Cap Drops Below N13trn As Stocks Lose N190bn   The nation’s stock market recorded a loss of N190bn last week as the market capitalisation of equities fell below the N13tn mark. The Nigerian Stock Exchange All-Share Index depreciated by 0.99 per cent to close at 24,826.75...

Stock: Investors Lose N21bn Amid Selling Pressure

Stock: Investors Lose N21bn Amid Selling Pressure     The nation’s stock market, on Thursday, pared most of the gain recorded the previous day as investors sold off shares. The market breadth closed negative as nine firms, led by C&I Leasing Plc, emerged gainers, compared to 10 losers,...

Stock Market Ends Four-day Loss, Gains N22bn

Stock Market Ends Four-day Loss, Gains N22bn     The gains recorded by Nestle Nigeria Plc, Cadbury Nigeria Plc and eight other quoted companies helped the nation’s stock market to halt its four-day losing streak. The Nigerian Stock Exchange All-Share Index and market capitalisation rose by 0.17 per...

Stock Market Sheds N12bn In Four-day Losing Streak

Stock Market Sheds N12bn In Four-day Losing Streak     The equity market of the Nigerian Stock Exchange declined for the fourth straight day on Tuesday amid profit-taking activities. The NSE All-Share Index dropped by 0.09 per cent as bargain hunters continued to take profits on recent gains. The...

NSE Lists N100bn Dangote Cement Bonds

NSE Lists N100bn Dangote Cement Bonds     The Nigerian Stock Exchange has listed Dangote Cement Plc’s N100bn, five years 12.50 per cent fixed rate series 1 senior unsecured bonds due 2025 under the N300bn debt issuance programme. The NSE, in a statement by the Head, Listings Regulation...

Investors Gain N90bn As Market Rises Slightly

Investors Gain N90bn As Market Rises Slightly   The nation’s stock market rose by 0.67 per cent last week as the market capitalisation increased by N90bn. The Nigerian Stock Exchange All-Share Index closed at 25,182.67 basis points last week, up from 25,016.30bps the previous week. The market capitalisation...