Sell-offs in bellwethers pull market indices further by N2bn
Following sell-offs in high cap stocks, transactions at the Nigerian Stock Exchange (NSE), continued southward Tuesday, resulting to a further fall in market capitalisation by N2 billion.
Market capitalisation down by further N114billion
Following sustained profit-taking in some bellwethers, the equities market recorded its second decline yesterday, as market capitalisation depreciated further by N114 billion. Precisely, at the close of trading, Wednesday, the All Share Index (ASI) decreased by 220.65 absolute points, representing a dip of 0.75 per cent to close at 29,062.50 points. …
Bearish sentiments drag stock market index further by 0.4%
The reign of bears continued unabated on the trading floor of the Nigerian Stock Exchange (NSE), as more bellwether stocks depreciated in price, resulting to a further decline in the All-share index by 0.4 per cent. Yesterday, the All Share Index (ASI) shed 117.53 absolute points, representing a dip of 0.4 per cent…
Bulls run pushes market indices further by N58b
The Nigerian equity market trading session extended positive outlook, as investors' wealth increased by N58 billion on high capitalised stocks. Yesterday, the All- share Index (ASI) gained 154.20 absolute points, representing a growth of 0.53 per cent to close at 29,347.62 points. Similarly, the market capitalisation rose by N58 billion to close at N11.023 trillion.…
Massive sell-off depresses stock market indices by N294b in four days
Tensions ahead of the 2019 polls have continued to take its toll on the equities sector of the Nigerian Stock Exchange (NSE) as investors’ wealth depreciates by N294 billion in four days amid massive dumping of shares.
Indices plunge further by 0.11% amid lingering sell pressure
The Nigerian Stock Exchange (NSE) yesterday extended three days of selloff, attributable to uncertainties that besieged the nation’s political environment.
Investors lose N31b amid heightening political tension
Fears that the heightening political uncertainties may trigger a pull back in the equity market to halt the bullish run witnessed in the past few days...
Stock market rebounds marginally by 0.01%
The Nigerian equities market rose marginally by 0.01 per cent, yesterday, occasioned by price gains in some highly capitalised stocks...