Market confidence positive as analysts see rising liquidity
Sentiments on the Nigerian equities remained positive as investors continued to chase the inflation adjusted earnings in the face of declining fixed income yields.
Indices rebound by 2.09% over renewed stocks’ appetite
Buying interest in the shares of some bluechip stocks drove the local bourse northward for four consecutive days last week, sustaining the positive trend since the beginning of the week.
Index down 0.13 per cent as bears regain dominance on exchange
The bears upstaged the bulls at the end of yesterday’s transactions on the equities sector of the Nigeria Stock Exchange (NSE), causing the All Share Index (ASI) to depreciate by 0.13 percent.
Ahead of Santa Claus’ rally, equities record marginal gains
Ahead of the Santa Claus and year-end rally, expected to usher in a bullish run, especially with the undervalued situation of the Nigerian Stock Exchange (NSE), indices closed last week on the upbeat.
Experts want monitoring of debtors over rising NPL
The rise in bank’s Non-Performing Loan (NPL) ratio due to huge exposure to some sectors, has become a source of worry to financial experts, as they urge financial institutions to adopt proactive risk management measure. For them, a system whereby the behavior of the borrower is monitored closely to ascertain changes that are likely to…
Sell-off persists, indices fall further by 0.3 per cent
Investors continued to dump the shares of highly capitalised stocks in the equities sector of the Nigerian Stock Exchange (NSE) last week, especially Airtel Africa, apparently taking advantage of their relatively high prices to make a profit in the form of capital gains.
Controversy over Reps move against CBN cashless policy
The House of Representatives yesterday ordered the Central Bank of Nigeria (CBN) to suspend the cashless policy on bank deposits, the implementation of which began on Wednesday this week.
Indices down by N130 billion as market reverses gaining streak
The Nigerian equities market’s gaining streak came to a close yesterday, as losses incurred by most blue-chip stocks dragged market indices. The development caused the market capitalisation depreciated by N130 billion. Yesterday, the All Share Index (ASI) fell by 267.15 points or 0.97 per cent to 27,319.64 points. Accordingly, investors lost N130 billion in value…
Investors lose N141 billion in five trading days at Nigerian bourse
Negative sentiments witnessed on the equity sector of the Nigerian Stock Exchange (NSE) persisted until the close of transactions last week, causing investors' wealth to depreciate further by N141 billion or 1.03 per cent.
Bears strengthen hold on equities as index slumps further
The challenged nation's economy has continued to reflect on the equity sector of the Nigerian Stock Exchange (NSE) as the All-Share Index and market capitalisation...
Sell-off persists, as investors lose N265 billion more
•Analysts urge shareholders to leverage low stock prices Following sell pressure on the shares of major blue-chip stocks , trading on the equities sector of the Nigerian Stock Exchange (NSE), yesterday extended the losing streak, as investors’ wealth plunged significantly by N265 billion. Specifically, at the close of trading Thursday, the All Share Index (ASI)…