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Stock: Market Extends Downturn By N278bn

Stock: Market Extends Downturn By N278bn       Transactions in the Nigerian equity market on Tuesday closed on a negative note as losing streak extended to the third consecutive trading day, following sustained profit-taking. However, the market breadth closed negative, recording 17 gainers and 30 losers. The All-Share Index...

Equity Market Begins New Week With N42bn Gain

Equity Market Begins New Week With N42bn Gain       Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by 0.28 per cent. The market breath closed positive with 27 gainers against 15 decliners. Consequently, the All-Share...

Stock: Investors Lose N113bn As #EndSARS Crisis Deepens

Stock: Investors Lose N113bn As #EndSARS Crisis Deepens         The Nigerian bourse on Wednesday closed lower to reverse the previous day’s gain as bears regained their grip following fear of insecurity arising from #EndSARS protest that degenerated into mayhem across the country. Hoodlums had set some key...

Stock Market Gains N4bn On Blue-chip Firms

Stock Market Gains N4bn On Blue-chip Firms       The Nigerian equity market on Tuesday returned to the green territory following gains recorded by some blue-chip firms despite the #EndSARS protests that are ravaging the country. The market breadth equally closed positive, recording 23 gainers against 17 losers...

#EndSARS: Equity Market Closes On Flat Note As Protest Deepens

#EndSARS: Equity Market Closes On Flat Note As Protest Deepens       Equities market closed on Monday on a flat note as #EndSARS protests dented market sentiment. Consequently, the All-Share Index depreciated by 0.14 basis points to close at 28,658.31 index points as against 28,658.45 recorded last Friday’s...

GTB, Zenith, UBA Account For N15.88bn Transactions

GTB, Zenith, UBA Account For N15.88bn Transactions         The most traded stocks on the floor of the stock market last week were United Bank for Africa Plc, Guaranty Trust Bank Plc and Zenith Bank Plc (measured by volume) as they accounted for 88×5.52 million shares worth...