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Interests In Insurance, Oil Stocks Drive N93bn Gain

Interests In Insurance, Oil Stocks Drive N93bn Gain   On the second-to-the-last trading day of the year 2019, the nation’s stock market saw a renewed interest of investors, particularly in insurance and oil and gas stocks. Investors gained N93.1bn as the market capitalisation of equities increased from...

Union Bank, 23 Other Firms Suffer Free Float Deficiencies

Union Bank, 23 Other Firms Suffer Free Float Deficiencies   Union Bank Plc, Lafarge Africa Plc and 22 other companies listed on the Nigerian Stock Exchange suffer free float deficiencies. Free float represents the portion of shares of a corporation that are in the hands of public...

Investors Gain N145bn As Market Rebounds

Investors Gain N145bn As Market Rebounds   Investors in the nation’s stock market have gained a total of N145bn as the market witnessed a rebound on Thursday. The market capitalisation of equities listed on the floor of the Nigerian Stock Exchange increased from N13.281tn on Wednesday to...

Stock Sustain Gains As Investors Earn N30bn

Stock Sustain Gains As Investors Earn N30bn   The nation’s stock market on Tuesday sustained the gains it began the month with as the market capitalisation increased further to N13.421tn from N13.410tn. MTN Nigeria Communications Plc, International Breweries Plc and Ecobank Transnational Incorporated saw buying interests, which...

Stock Welcomes September With N19bn Gain

Stock Welcomes September With N19bn Gain   The equities market opened trading in September on a positive note as investors gained N19bn. Analysts at Afrinvest Securities Limited said trading activities resumed the week with bargain hunting in Nestlé Nigeria Plc, Cement Company of Northern Nigeria Plc and...

Stock Market Investors Incur N533bn Loss In Seven Days

Stock Market Investors Incur N533bn Loss In Seven Days Investors in the nation’s stock market lost N533bn in the last seven trading sessions as bearish sentiment persisted in the market. The market capitalisation of equities listed on the Nigerian Stock Exchange fell from N13.789tn on May...