Indices sustain rising profile, up by N176b
Investors for the day exchanged 262.167 million shares worth N2.996 billion in 4283 deals against 367.068 million shares valued at N3.743 billion exchanged hands in 3773 deals.
Dangote Cement, Nestle, others lift NSE indices by N143b
Following price gains recorded by virtually all the blue chip stocks, especially Dangote Cement, and Nestle, equity transactions on the Nigerian Stock Exchange (NSE), closed upbeat yesterday, as market capitalisation rose significantly by N143billion.
Nestle, Dangote Cement others lift NSE’s indices by N52 billion
Specifically, at the close of transactions yesterday, market capitalisation of listed equities improved by N52billion or 0.43 per cent to N12.100trillion from N12.048trillion traded the previous day.
Equities rebound, indices up by N124 billion
Equity transactions rebounded after a two-day losing streak yesterday, following heavy price gains recorded by major highly capitalised stocks especially Total and Dangote Cement, as indices soared by N124billion.
Dangote Cement, 18 others buoy NSE’s indices by 1.42%
Heavy share price gains recorded by some companies, especially Dangote Cement, and Guinness, yesterday, lifted the Nigerian Stock Exchange (NSE) market capitalisation by 1.4 per cent.
Investors’ wealth plunge by N237b in three trading days
Yesterday, investors during the day traded 239.906 million shares valued at N2.929billion in 4371 deals against 144.452 million shares worth N1.511billion in 3716 deals.
The ‘modified’ Pioneer Status Incentive
The Federal Government came up with a ‘modified’ version of the Pioneer Status Incentive scheme a couple of weeks ago. To quickly summarise – the pioneer status allows companies...
Financial stocks contribute 59.9% to NSE’s volume
A total of 5,850 units of Federal Government Bonds valued at N5.702 million were traded this week in seven deals, compared with a total of 750 units valued at N695,229.29 transacted last week in eight deals.