Renewed interests in low price stocks buoy indices, pare losses
At the end of transactions on Friday, the gains recorded from the previous session were enough to spur a rebound of the indices at the Nigeria Stock Exchange (NSE). NSE’s All-Share Index (ASI) had opened Thursday with a sharp decline and was sustained till afternoon, but rebounded as high cap stocks that suffered losses
SEC’s double standards and investors’ waning confidence
Going by a popular cliché, “One-man show is a show of arrogance” and that is the modus operandi of the capital market regulator- Securities and Exchange Commission...
Analysts list stock market’s performance-inducing factors for 2019
Capital market analysts have identified post-election rally, stable global interest rate and the relatively cheap outlook of Nigerian market as critical factors that will boost performance...
Investors lose N100 billion in three trading days
The dominance of the bears remains unabated in the equity sector of the Nigerian Stock Exchange (NSE), following continued price losses by virtually all the blue chip stocks as investors’ wealth depreciated by N100 billion in three trading days.
Investors lose N729b to 2019 election anxiety
Political intrigues ahead of the 2019 general elections have made stock market investors lose N729 billion in three months of decline.This is contrary to general expectations of positive earnings in 2018, as the once-troubled economy emerged from a recession at the end of 2017.
NSE transactions’ volume rises by N36 billion, financials lead
Heavy transactions in the shares of some companies, especially First City Monument Bank (FCMB) Group, and Transnational Corporation of Nigeria (TRANSCORP), last week lifted the volume of shares traded, as a turnover of a turnover of 2.170 billion shares worth N39.087billion.....