Nigerian Stock Exchange
NB, Dangote Cement others lead NSE N124billion loss
The bears again upstaged the bulls yesterday, as profit taking takes a toll on some highly capitalised stocks, especially Nigerian Breweries (NB), and Dangote Cement, causing market capitalisation to dip by N124billion.
Stock market rebounds, index appreciates by 0.9 per cent
After days of consistent decline, the bulls finally got a foothold, as equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), rebounded yesterday, following price gains recorded by major highly capitalised stocks, as the All-share index rose by 0.9 per cent.
NSEs All-share index plummets further by 0.2 per cent
Continued share price depreciation on the equity sector of the Nigerian Stock Exchange (NSE), yesterday pulled the All-share index further down by 0.2 per cent. Yesterday, the All-share index, which measures the performance of quoted companies, depreciated further by 62.19 points or 0.2 per cent to close at 40.615.42 from 40,677.61 achieved on Monday. Similarly,…
Indices sustain sliding profile, as market loses N125b
The reign of the bears have continued unabated on the equity sector of the Nigerian Stock Exchange (NSE), as virtually all the blue chip stocks suffered piece depreciation, as investors wealth dipped further by N125billion.
Investors’ wealth dips by N94b in four trading days
Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained sliding profile yesterday, even as more highly capitalised stocks recorded price depreciation, causing investors’ wealth to depreciate by N94billion in four trading days.
Profit taking takes toll on NSE, indices dip further by N28b
The reign of the bears continued unabated on the equity sector of the Nigerian Stock Exchange (NSE), as more highly capitalised stocks depreciated in price, causing market capitalisation to decline further by N28billion. In summary, the ASI shed 75.68 absolute points, representing a decline of 0.18 per cent to close at 41,080.12 points. Also, the market…
NSE’s index plunges further by 0.04 per cent
Trading on the floor of the Nigerian Stock Exchange (NSE) continued on a downturn yesterday, as more blue chip stocks depreciated in price, causing the All -Share Index (ASI) declined marginally by 0.04 per cent.
‘Categorisation challenges may tempt organisations to evade tax payment’
Unresolved challenges on categorisation of tax by government institutions may tempt corporate organisations, especially new ones, to continue to evade tax payment.
Stock market re-opens bearish, down by N16 billion
Despite price gains that outweighed losses, transactions on the equity sector of the Nigerian Stock Exchange (NSE), re-opened on a downward note yesterday, following piece losses suffered by major highly capitalised stocks, as market capitalisation depreciated by N16billion.
Record bond bonanza awaits Nigeria as firms flock to raise debt
Nigeria’s securities regulator is preparing for record bond issuance from companies seeking to benefit from lower interest rates and an economy on the mend. The bond bonanza comes as Africa’s biggest oil producer recovers from a 2016 contraction, with the International Monetary Fund predicting an expansion of 2.1 percent this year. It will also mark…
Stock market indices dip by 0.06% in four trading days
At the end of last week’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), the All-share index and market capitalisation depreciated by 0.06 per cent to close the week at 41,218.72 and N14.931trillion respectively. Similarly, all other indices finished lower last week, with the exception of NSE Premium, NSE Banking, NSE Industrial goods,…