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In Six Months, Telecom Stocks Gained N366bn

In Six Months, Telecom Stocks Gained N366bn     Shareholders of telecommunications services companies quoted on the main and premium boards of the nation’s stock market recorded a gain of about N366bn in the first half of the year 2020 following positive market sentiment on the stocks...

Investors Lose N50bn As Stocks Suffer Decline

Investors Lose N50bn As Stocks Suffer Decline   Investors lost N50bn on Thursday as the nation’s stock market closed in the red. The Nigerian Stock Exchange All-Share Index and the market capitalisation of equities dropped by 0.38 per cent to pare the gains recorded in recent trading...

Investors Gain N159bn As 29 Stocks Lift Market

Investors Gain N159bn As 29 Stocks Lift Market     The local bourse on Thursday sustained its positive sentiment to four consecutive trading sessions as the market capitalisation gained N159bn. The key market performance measures, the NSE All Share Index and market capitalisation, rose by 1.25 per cent...

‘Why Foreign Investors Are Reluctant To Buy Nigerian Stocks’

'Why Foreign Investors Are Reluctant To Buy Nigerian Stocks’     Financial analysts have linked the dwindling inflow of foreign investments in the Nigeria Stock Exchange (NSE) over the past few months to fears by investors of likely poor yield or returns on such investments. Specifically, they said...

Investors Gain N136bn As 29 Stocks Rise

Investors Gain N136bn As 29 Stocks Rise     Transactions on the floor of the Nigerian Stock Exchange on Tuesday sustained positive sentiment with N37bn gain. This is even as President Muhammadu Buhari sent the name of Mr Lamido Yuguda to the Senate as his nominee for the...

NSE Closes Negative With 1.41% Loss

NSE Closes Negative With 1.41% Loss     Transactions on the floor of the Nigerian Stock Exchange (NSE) closed last week on the negative trajectory following profit taking witnessed across major blue-chip firms. Consequently, the NSE All-Share Index and market capitalisation both depreciated by 1.41 per cent to...