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Equities Market Reverses Gains As ASI Down 0.88%In the first trading session of the week yesterday, the Nigerian equities market reversed its seven-day positive performance as losses in high capitalized stocks dragged the market down. The All Share Index (ASI) was down by 272.45 absolute points, representing a decline of 0.88 per cent to close at 30,732.72points. Similarly, market capitalisation decreased by […]
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21 Stocks Appreciate As NSE-ASI Records 0.46% GainThe Nigerian Stock Exchange (NSE) All-Share Index (ASI) yesterday posted a gain of 0.46 per cent as 21 stocks appreciated. The All Share Index (ASI) was up by 141.68 absolute points, representing an increase of 0.46 per cent to close at 30,878.56 points. Similarly, the market capitalisation increased by N53 billion, closing at N11.515 trillion. […]
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NSE-ASI Gains 0.68% On Banking StocksThe Nigerian stocks market reversed previous day’s loss, gaining 0.68 per cent on investors’ renewed interest in banking stocks. The All-Share Index (ASI) gained 208.49 absolute points, representing a growth of 0.68 per cent to close at 31,007.25 points. Similarly, market capitalisation rose by N76 billion to close at N11.320 trillion. The upturn was significantly […]
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Equities Market Rises By 0.86% On Sustained Bargain HuntingThe Nigerian equities market, last week rose by 0.86 per cent on sustained bargain hunting activity in line with analysts’ expectation. The overall market performance measure, NSE All-Share- Index (ASI) gained 0.86 to close week-on-week (W-o-W) at 31,037.72 points. Similarly, market capitalisation appreciated by N96 billion to close at N11.34 trillion. Also, Sectoral indices performance […]
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NSE All-Share Index Falls Below 30,000 as Market Hits New Low - THISDAYLIVEBy Goddy Egene The persistent sell-offs in bellwether stocks pushed the nation’s equities market to 20 months low as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell below 30,000 mark to close at 29,830.70 last week. After losing 1.2 per cent the first week of 2019, the market declined further in the second week, going down by …
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Equities Market Gains 0.45% Despite Technical ObstructionThe Nigerian equities market extended previous gain to open trading for this week despite technical obstruction as the All-Share Index (ASI) improved by 0.45 per cent, yesterday. The Nigerian Stock Exchange (NSE), yesterday encountered a technical glitch which impacted trading activities for about four hours. Head of Shared Services Division, NSE, Mr Bola Adeeko, said […]
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Stocks Market: Buying Interest In Dangote Cement, Dangote Sugar, 15 Others Upturns PerformanceThe buying interest in Dangote Cement, Dangote Sugar and 15 other stocks upturned prior day’s bearish sentiment as the NSE All Share Index (ASI) appreciated 0.32 per cent, yesterday. The ASI was up by 97.92 absolute points, representing an increase of 0.32 per cent to close at 30,802.90 points. Similarly, the market capitalisation increased by […]
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