Again, the Nigerian equity market was characterised by weak performances in November, which extended the downtrend on the back of dwindling investor confidence, and mixed economic fundamentals, causing market indices to dip further by N413 billion in one month.   Analysts linked the poor performance to a combination of weak and mixed third quarter earnings,…

Worried by the high level of illiquidity currently constraining efforts to restore confidence in the nation’s stock market, operators have urged government to urgently initiate intervention measures that would help reverse the long reign of bears and revive the market.    The operators, who lamented the persistent sell pressure and investors’ apathy that have bedeviled…

Investors’ flight for safety over uncertainties shrouding next year’s general elections has continued to take its toll on the equity sector of the Nigerian Stock Exchange (NSE), as the All-Share Index (ASI) and market capitalisation dropped further by 1.2 per cent to close the week at 31,678.70 points and and N11.565 trillion.   Similarly, all other…

Following price losses incurred by most blue-chip stocks, transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downturn yesterday, causing the All-share index to plunge by 0.14 percent. Specifically, at close of transactions yesterday, the All Share Index (ASI) was down by 43.98 absolute points, representing a decrease of 0.14…

Improved corporate performance lifted transactions on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as the All-share index appreciated by 0.7 per cent. Yesterday, the All-Share Index (ASI) gained 227.28 absolute points, representing a growth of 0.70 per cent to close at 32,664.63 points. Similarly, market capitalisation gained N83 billion to close at…

Transactions on the equity sector of the Nigerian Stock Exchange recorded a downturn yesterday, following price losses suffered by most blue chip stocks, as the All Share Index (ASI) declined by 0.2 per cent. In summary, the ASI shed 54.72 absolute points, representing a decline of 0.17 per cent to close at 32,711.65 points. Also,…

The ongoing volatility in the nation’s stock market, occasioned by continued selloffs and assessed political risks, has spurred an unprecedented lull in the market, as investors count losses worth N756 billion in September.

The equity market witnessed the seventh consecutive trading sessions amid continuous sell off yesterday, resulting to a further decline in the All-share index by 0.84 per cent.

Equity transactions sustained sliding profile for the fifth consecutive trading sessions, occasioned by heavy profit taking, causing the All-Share Index (ASI) to plummet further by 0.5 per cent. Specifically, at the close of transactions yesterday, ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points, while the market…

Stock market investors lost values worth more than N2.8 trillion to uncertainties and tension within the nation’s political space This is against expectations by some analysts that the positive trend witnessed in the capital market in 2017, would spur market activities in 2018. The loss, in a six-month period, derived from the difference between N15.549…

Following price gains recorded by major highly capitalized stocks, the Nigerian equities market extended its upward trend at the close of transactions yesterday, as investors’ wealth soared significantly by N329 billion. Yesterday, the All-Share Index (ASI) gained 907.82 points, representing a growth of 2.46 per cent to close at 37,854.92 points from 36,947.10. Similarly, the…

At least three companies from financial, oil, gas and industrial good sectors, currently quoted on the main board of the exchange are set to be migrated to the premium board.