Nigerian Stock Exchange
‘How regulators can sustain stock rally’
With the positive signs witnessed recently in the stock market, raising the hope that this year may set the market on a gradual recovery path, investors have stressed...
Financial stocks contribute 84.9b to NSE’s turnover
The financial services industry dominated in volume terms at the end of transactions in the equities sector of the Nigerian Stock Exchange (NSE).
NSE’s market capitalisation plunges further by N343billion
The bears have continued to strengthen its hold on the equities sector of the Nigerian Stock Exchange, following price losses incurred by most highly capitalised stocks, as market capitalisation depreciates further by N343 billion.
NSE’s indices plummet by N294b amid profit taking
Profit taking has continued to take toll on the trading floor of the Nigerian Stock Exchange (NSE), as more blue chip stocks join the league of losers, resulting to a further slide in market capitalisation by N294 billion.
Profit taking takes toll on exchange, indices down by 0.1%
Price losses outweighed gains yesterday on the equities market of the Nigerian Stock Exchange, as most blue chip stocks depreciated in price, causing market indicators to depreciate by 0.1 per cent.
Investors’ wealth appreciate by N214b in three trading days
Similarly, the All-share index rose by 618.64 points from 37,525.38 to 38,144.02. On the price movement chart, 21 stocks appreciated, led by Guinness Nigeria with 10.23 per cent to close at N87.50 per share.
Government offers savings bonds at double rates
The FGN Savings Bond is promoting savings culture in the country, and enhancing financial inclusion. According to the Debt Management Office (DMO), the two-year bond will be due in August 2019, while the three-year bond has a maturity date of August 2020.
Forte Oil restrategises to grow market share
Forte Oil Plc has unfolded plans to increase market share in the industry through the acquisition of strategic partnership and joint ventures for local refining of petroleum products.
Deals on Nigerian Stock Exchange hit N97.08 billion in July
Investors on the Nigerian Stock Exchange (NSE) exchanged 8.66 billion shares valued at N97. 08 billion transacted in 89,911 in July, the News Agency of Nigeria (NAN) reports.