The Nigerian equities market last week closed in the green territory with 0.61 per cent gain despite losses on three of four trading days.
Also, market capitalisation rose by N82 billion to close at N13.685 trillion. Overall sector performance was bullish W-o-W. The Banking index recorded the largest gain, up 3.94 per cent due to gains in Sterling Bank and Ecobank Transnational Incorporated .
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Equities market opens week with N302bn loss – Daily TrustThe local bourse opened the week on a negative note as investors lost N302.4 billion in value as market capitalisation fell to N13.3 trillon. The list is as a result of investors booking profit in bellwether stocks -MTNN (-7.1%), DANGCEM (-4.0%) and UBN (-1.4%).ADVERTISEMENT Consequently, the All Share Index declined by 2.2% to settle at …
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ASHON Unfolds 13-point Survival Strategies For Capital MarketThe Association of Securities Dealing Houses of Nigeria (ASHON), has urged its members to conduct diagnostic test on their businesses in order to review the models in view of the dynamic changes in the global financial market. Besides, they have identified lack of financial literacy as one of the challenges, militating against investors’ apathy to […]
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Naira exchanges at N359.4 to dollar at parallel marketThe Pound Sterling and the Euro closed at N465 and N404, respectively.
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Naira exchanges at N359.4 to dollar at parallel marketThe naira on Monday traded at N359.04 to the dollar at the parallel market in Lagos.The Pound Sterling and the Euro closed at N465 and N404, respectively.
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NSE: Market capitalisation loses N302 billion amid declining appetite on MTN shares - Premium Times NigeriaThe All-Share Index which opened at 30,881.29 shed 686.58 points or 2.22 per cent to close at 30,194.71.
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Oil Prices Appreciate On Tight Market SupplyOil prices appreciated yesterday as ongoing supply cuts led by OPEC kept markets relatively tight, but Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China. Front-month Brent crude futures, the international benchmark for oil prices, were at $69.10 per barrel, up 41 cents, or 0.6 […]
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Profit Taking: NSE Market Indices Decline By 0.17%The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date. Specifically, the All-Share Index lost 52.81 points or 0.17 per cent to close at 31,254.19 compared with 31,307.00 achieved on Tuesday. Similarly, the market capitalisation which opened […]
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