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. …
Preparations for Yuletide sustain hold on indices
A general lull in the equities market, following preparations for the Yuletide resulted in a highly volatile session at the end of transactions last week.
Price losses outweigh gains on NSE as index slumps by 1.11 per cent
Price losses continued to outweigh gains on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks joined the league of losers
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.
Stock market reverses previous gains as capitalisation plunges N13 billion
Following losses suffered by most bellwethers, the Nigerian Stock Exchange (NSE), reversed previous gain yesterday, as market capitalisation depreciated by N13 billion.
Nation’s bourse extends loss streak, as index sheds N20 billion
Nigerian equities market extended the negative streak at the end of yesterday’s transactions, causing market capitalisation to dip further by N20 billion. Specifically, the All Share Index (ASI) fell by 41.45 points or 0.16 per cent to 26,472.20 points.
Investors lose 1.7 per cent in five-day bearish trading
The free fall of equities on the Nigerian Stock Exchange (NSE) worsened at the close of transactions last week, as the benchmark All-Share Index (ASI) recorded five consecutive days of losses, breaking down its October 3, 2019, strong support level of 26,789.38 basis points.
Bears sustain dominance as investors’ wealth slumps further by 0.3 per cent
The dominance of the bears has continued unabated on the equities sector of the Nigerian Stock Exchange (NSE), occasioned by losses in highly capitalised stocks, resulting to a further slide in the All-Share Index (ASI) by O.3 per cent.
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…
Liquidity, confidence issues sustain hold on NSE index
The challenge of availability of cash and waning investor confidence that has persisted in the nation’s stock market continued to impact on market indices last week. The Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market capitalisation depreciated by 0.99 percent to close the week at 27,525.81 points and N13.391 trillion respectively.