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Stock Investors Lost N395bn In March

Stock Investors Lost N395bn In March       Investors in the Nigerian stock market lost N395bn in March as the market capitalisation of equities declined further. The Nigerian Stock Exchange All-Share Index closed the month at 39,045.13 basis points from 39,799.89 on Feb. 26. The market capitalisation fell to...

NSE Begins Week With N145bn Gain

NSE Begins Week With N145bn Gain       The nation’s bourse resumed a new trading week on Monday with a growth of N145bn due to buying interest in MTN Nigeria and 27 other stocks, the News Agency of Nigeria reports. Specifically, the market capitalisation which opened the week...

Monetary Policy, Corporate Results Spur Equity Performance

Monetary Policy, Corporate Results Spur Equity Performance       The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central Bank of Nigeria, CBN, in its second Monetary Policy Committee, MPC meeting of...

Stock Market Records N140bn Weekly Loss

Stock Market Records N140bn Weekly Loss       The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index and market capitalisation depreciated by 0.69 per cent to close the week at 38,382.39 and N20.08tn respectively. All other indices, however, finished...

Stock Market Rises By N128bn On Demutualisation

Stock Market Rises By N128bn On Demutualisation     The nation’s bourse on Wednesday overcame its negative posture growing by N128bn following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation, the News Agency of Nigeria reported. Specifically, the market capitalisation rose...

Stock Investors Lose N371bn In One Trading Session

Stock Investors Lose N371bn In One Trading Session     Investors on the Nigerian Stock Exchange on Tuesday lost N317bn in a trading session amid sell pressure on bellwethers, the News Agency of Nigeria reported. Specifically, the market capitalisation which opened at N20.612tn shed N371bn or 1.80 per...