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Stock Market Pares Losses as Investors Swoop on Banking Stocks - THISDAYLIVE The equities market rebounded yesterday after opening the week on the bearish note on Monday due to bargain hunting in banking stocks. The market, which shed 0.24 per cent the previous day, pared losses yesterday for the Nigerian Stock Exchange (NSE) All-Share Index to appreciate by 0.68 per cent to close at 31,007.25. Similarly, …
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Selloff In Banking, Industrial Stocks Leads Equities Index To 0.78% LossThe Nigerian equities market, yesterday, shed 0.78 per cent on account of sell offs in high capitalised stocks in Banking and Industrial Goods sector. As a result, the All Share Index (ASI) was down by 252.45 absolute points, representing a decrease of 0.78 per cent, to close at 31,969.79 points. Similarly, market capitalisation decreased by […]
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Equities Market Gains N105bn as Investors React Positively to Corporate Earnings - THISDAYLIVEBy Goddy Egene The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings of companies. Gains by 17 stocks, including market leader, Dangote Cement Plc, Zenith Bank Plc, Guaranty Trust Bank Plc and Stanbic IBTC Holdings Plc, lifted the market capitalisation by N105 …
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Equities Market Gains N105bn as Investors React Positively to Corporate Earnings - THISDAYLIVEGoddy Egene The Nigerian equities market opened the week on a bullish note as investors continued to react positively to nine month corporate earnings being released by companies. Gains by 17 stocks, including market leader, Dangote Cement Plc, Zenith Bank Plc, Guaranty Trust Bank Plc and Stanbic IBTC Holdings Plc, lifted the market capitalisation by …
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Equities market opens week with N28bn loss – Daily TrustThe domestic equities market of the Nigerian Stock Exchange shed N28.0bn from its market capitalisation to close at N11.7trn as a result, and year to date (YTD) loss further fell to -16.2%. The All Share Index also shed 24 basis points in yesterday’s session to settle at 32,048.18 points due to sell-offs in NIGERIAN BREWERIES …
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Equities Market Bounces Back, Gains 0.37%\ The Nigerian equities market closed higher yesterday with a gain of 0.37 per cent, to reverse previous day’s negative sentiment. The All-Share Index (ASI) gained 120.20 absolute points, representing a growth of 0.37 per cent to close at 32,228.50 points. Similarly, market capitalisation rose by N44 billion to close at N11.766 trillion. The upturn […]
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Equities Market Opens Trading on Negative Note - THISDAYLIVEBy Goddy Egene Sell pressure in bellwethers such as Nigerian Breweries Plc, Unilever Nigeria Plc, FBN Holdings Plc and Lafarge Africa Plc led to a bearish trading in the first day of the week. As a result, the Nigerian Stock Exchange (NSE) All-Share Index fell 0.14 per cent to close at 32,413.00 Monday, while market …
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