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Stocks Rise To 8-week High As Oil Prices Gain 1.5 %

Stocks Rise To 8-week High As Oil Prices Gain 1.5 %     Nigerian stocks climbed eight-week high on Wednesday, lifted by gains in shares of energy companies after global oil prices rallied. Recovering from a two consecutive days of losses this week, the main share index rose...

Stock Market Advances With N40bn Gain

Stock Market Advances With N40bn Gain     The bulls maintained its grip on the market activities following gains recorded majorly by blue chip stocks as investors positioned to leverage undervalued stocks. The key market performance measures, the NSE All-Share Index and market capitalisation, rose by 0.31 per...

In July, Low Prices Boost Stock Market By N113bn

In July, Low Prices Boost Stock Market By N113bn     The stock market recorded a positive performance in July as investors gained N113 billion, compared with a decline of N399 billion in June. The market capitalisation, which measures the value of all equities, rose from N12.766 trillion...

Stock Market Advances As Investors Gain N23bn

Stock Market Advances As Investors Gain N23bn   The equities market on Wednesday closed positive with a gain of N23bn following gains recorded by 18 quoted firms. The key performance indices, NSE ASI and market capitalisation, appreciated by 0.18 per cent with market breathe closing positive with...

Stock Market Gains N186bn On Blue-chip Firms

Stock Market Gains N186bn On Blue-chip Firms     Equity trading on the floor of the Nigerian Stock Exchange on Monday closed on the positive note with a gain of N186bn, following gains recorded by some blue-chip firms. The market performance indices, NSE ASI, appreciated by 1.46 per...

Rising COVID-19 Cases, Weak Economy Take Toll On Stock Market

Rising COVID-19 Cases, Weak Economy Take Toll On Stock Market     The increasing number of coronavirus, (COVID-19) cases and the consequent weakening of the nation’s economy have taken the Year-to-Date, YtD, loss to investors in the Nigerian Stock Exchange to -9.5%. Return on investment represented by the...