Auto Industry Gets 3year Hit In Profit, Stocks
The nation’s automobile industry has been reeling under the pangs of harsh operating environment, just as the bottom-line of the sector’s listed equities, since 2015, remained subdued, with gloomy outlook, due to policy challenges.
Indeed, most hit, within...
14 Stocks Gain As Market Cap Rises Above N12tn
The market capitalisation of equities listed on the Nigerian Stock Exchange rose above the N12tn mark at the end of trading on Tuesday.
The market capitalisation, which had earlier dropped below N12tn in August, gained N83.5bn to...
Stocks Hit Rock-bottom Prices, Analysts Give Buying Tips
As the Nigerian equities market continued with its free fall hitting a 52-week low last week, investment analysts have advised investors to see the low prices as an opportunity to increase their portfolio.
The Nigerian market, which started...
Financial Stocks Boost Total Equity Turnover By 59.23%
The financial services industry (measured by volume), dominated in volume terms at the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), with 824.153 million shares valued at N9.274 billion traded...
Oil Firms Lead As Stock Market Index Increases By 0.83%
Equity transactions on the floor of the Nigerian Stock Exchange sustained rising profile, following gains recorded by major highly capitalized stocks, especially Seplat and Mobil causing the All-share index to rise further by 0.83 per...
Bellwether Stocks Lose Further, As NSE Capitalisation Falls To N13.9tn
The Nigerian equities market sank deeper wednesday with the capitalisation of the Nigerian Stock Exchange (NSE) falling to a new low of N13.984 trillion as bellwether stocks continued to tank. Also, the year-to-date (YTD) growth...
