Reprieve came the way of investors yesterday as the equities market bucked five days of losses to close on a positive note. The market pared losses as the Nigerian Stock Exchange All-Share Index appreciated by 0.15 per cent to close at 31,360.28, while market capitalisation added N17.5 billion to be at N11.69 trillion.
The Managing Director of the petroleum firm, Mr. Mahmud Tukur recently said Eterna Plc had been well positioned to pursue new investment opportunities and expansion, having cleared a N14 billion debt over-hang. “The low pricing of our shares is because people do not know what the company is all about, the internal restructuring, the innovations going on, the capacity building, the businesses that we do, the structure of the organisation is not well known out there.
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NSE All-Share Index Sheds 1.02% as Market Sustains Bear Run - THISDAYLIVEGoddy Egene The stock market sustained its bearish run yesterday as 36 stocks, including bellwethers, recorded price losses while only eight stocks appreciated. The Nigerian Stock Exchange (NSE) All-Share Index dipped by 1.02 per cent to close at 31,313.36, while market capitalisation shed N120.6 billion to close at N11.7 trillion. Analysts at Cordros Capital Limited …
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NSE, Meristem to launch investment style-focused indices - Vanguard News NigeriaThe Nigerian Stock Exchange, NSE, and Meristem Securities Limited are collaborating to launch two new style indices - the NSE-Meristem Growth Index and NSE-Meristem Value Index. These indices will be available real-time on the NSE’s website from tomorrow, (Tuesday, March 12, 2019).
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Mixed earnings: NSE indicators maintain negative outlookActivities on the Nigerian Stock Exchange (NSE), for the second consecutive day, maintained bearish trend, dropping further by 1.02 per cent...
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Mixed earnings: NSE indicators maintain negative outlook - Vanguard News NigeriaActivities on the Nigerian Stock Exchange (NSE), for the second consecutive day, maintained bearish trend, dropping further by 1.02 per cent due largely to mixed 2018 earnings reports.
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Nigeria equity market extends negative outlook, down by 0.35% – Daily TrustThe Nigerian Stock Exchange (NSE) extended negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking. The All-Share Index on Thursday lost 111.68 points or 0.35 per cent to close at 32,010.06 compared to 32,121.74 achieved on Wednesday.ADVERTISEMENT Similarly, the market capitalisation which opened at …
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