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Stock Market Loses N320bn On Political Uncertainties, Profit-taking

Stock Market Loses N320bn On Political Uncertainties, Profit-taking   With two weeks into the second half (H2) of the year, the Nigerian equities market has lost a total of N320 billion following weak demand by investors who are adopting cautious trading. The stock market, which ended 2017,...

Oando Leads As NSE Reviews Market Indices

Oando Leads As NSE Reviews Market Indices The renewed high demand for Oando Plc shares has been reflected in the result of the mid-year review of the Nigerian Stock Exchange indices as the indigenous energy group returned to two indices. The NSE reviewed the NSE-30, and...

Stock Market Ends Six-day Losing Streak

Stock Market Ends Six-day Losing Streak The nation’s stock market closed on a positive note on Monday, for the first time in seven straight trading sessions. The All-Share Index of the Nigerian Stock Exchange rose slightly by 0.34 per cent to close at 37,862.53 basis points...

Signed Budget Fails To Lift Stock Market

Signed Budget Fails To Lift Stock Market The nation’s stock market closed on a negative note for the fifth straight session on Thursday, a day after President Muhammadu Buhari signed the 2018 budget. The All-Share Index of the Nigerian Stock Exchange dropped by 1.17 per cent...

FSDH Expects Stock To Appreciate, Advises Investors

FSDH Expects Stock To Appreciate, Advises Investors Financial analysts at FSDH Research, an arm of FSDH Merchant Bank Limited, have said the equity market is expected to appreciate from the current levels as investors await half-year 2018 results. The stock market closed on a positive note...

Stock Losses Enter 8th Day, Investors Lose N106bn

Stock Losses Enter 8th Day, Investors Lose N106bn The local bourse extended losses from last week into yesterday’s trading session as investors on equities of the Nigerian Stock Exchange (NSE) lose N106.9 billion with market capitalization falling to N14.1 trillion at the close of trade. The...