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ASI

25 Jul 2019
Bullish run experienced Tuesday in the local bourse was halted yesterday, as sell pressure dragged down prices in most bluechip stocks, causing market capitalisation to plunge by N27 billion.
1 Jul 2019
After several weeks of persistent decline, the equity market rebounded at the end of last week’s transactions, as the All-Share Index (ASI) and market capitalisation of the Nigerian Stock Exchange (NSE) appreciated by 0.4 per cent to close the week at 29,966.87 points and N13.206 trillion respectively. Similarly, all other indices finished higher with the…
4 Jun 2019
Rising profit-taking impact negatively on transactions at the Nigerian Stock Exchange (NSE), occasioned by losses suffered by some bellwethers, causing market capitalisation to depreciate further by N63 billion.     Specifically, at the close of trading yesterday, the All-Share Index (ASI) shed 141.08 absolute points, representing a dip of 0.45 per cent to close at…
15 May 2019
The bears strengthened their hold on the equity sector of the Nigerian Stock Exchange (NSE), following continued sell-off witnessed across virtually all the sectors, causing market capitalisation to plummet further by N23 billion.   Yesterday, the All-share Index (ASI) fell by 61.68 points or 0.22 per cent to 28,422.76 points. Accordingly, investors lost N23 billion…
26 Apr 2019
Buying interest in some bellwethers reversed the downward trend on the equity sector of the Nigerian Stock Exchange (NSE), as the market capitalisation appreciated marginally by N8 billion to close at N11.244 trillion.  Yesterday, the All -share index (ASI) gained 21.13 absolute points, representing a growth of 0.07 per cent to close at 29,919.44 points.…
12 Apr 2019
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.…
12 Mar 2019
As the country continues to contend with serious political challenges, stock experts have decried the effect on market activities, urging the political gladiators both the ruling and main opposition parties to embrace dialogue and urgently chart a way forward for the economy.   Specifically, they argued that the Nigerian capital market should have wriggled out…
19 Feb 2019
The financial services sector yesterday reacted negatively to the uncertainty in the nation’s political environment as investors priced in the risks of election postponement on the stock market and exchange rate.
10 Jan 2019
Massive sell-off hit the nation’s stock market yesterday, as volatility worsened ahead of the 2019 polls causing investors’ wealth to depreciate further by  N261 billion.   At close of trading Wednesday, the All Share Index (ASI), nose-dived by 699.35 absolute points or 2.33 per cent, falling below the 30,000-mark for the first time since May…
1 Jan 2019
Investors’ appetite for highly capitalised stocks brought the equities market to a bullish close on the last trading day of the year, as the All-Share Index (ASI) rose by 1.27 per cent. Yesterday, the ASI was rose 392.78 absolute points, representing an increase of 1.27 per cent to close at 31,430.50 points; just as the…
1 Jan 2019
Contrary to analysts’ expectations that the surge witnessed in the performance of the nation’s bourse in 2017 would translate to a high investment yield in 2018, stock market activities last year, remained feeble across sectors, as investors lost a whooping N4.2 trillion. Market watchers had predicted that the performance of listed firms will trigger an…
17 Dec 2018
Pressure from sell-off, which persisted at the end of last week’s transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained hold on the All-Share Index (ASI) and market capitalisation, as both depreciated by 0.63% and 0.58% to close the week at 30,672.79 points and N11.204 trillion respectively. Analysts, however, said the current…

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46 mins ago
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has berated the presidential candidate of the All Progressives Congress (APC), Bola Tinubu, for his hypocritical attempts to extricate himself from the many failures of the ruling party. Atiku’s Special Assistant on Public Communication, Phrank Shaibu, said this in a statement, in Abuja, on…
3 hours ago
Gunmen on Tuesday set ablaze the Independent National Electoral Commission (INEC) office in Ogidi, Idemili South Local Government Area, Anambra State, destroying non-sensitive materials for 2023 general elections. The Commission disclosed this in a statement by its Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye, in Abuja on Wednesday. Okoye said that the…
3 hours ago
The Federal High Court in Abuja has granted the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, permission to apply for an order of mandamus to compel the Department of State Service (DSS) to allow him unfettered access to medical care. In the suit marked FHC/ABJ/CS/2341/2022, Nnamdi Kanu, through his legal team…
4 hours ago
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