NSE index sustains rising profile, up by 0.25 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), sustained a rising profile yesterday, as more blue-chip stocks appreciated in price, resulting in a further rise in the All Share Index (ASI) by 0.25 per cent.
Renewed profit-taking drag index by 0.06 per cent
Renewed profit-taking in the shares of some blue-chip companies, especially Champion Breweries and Honeywell Flour Mill dragged the All-share Index (ASI) by 0.06 per cent.
NSE reopens bearish as investors’ lose N119 billion amid profit-taking
The Nigerian Stock Exchange (NSE), resumed trading on a downward note, Monday, occasioned by profit-taking in bellwether stocks, as investors wealth dipped N119 billion.
Profit-taking reverses positive streak as index loses 0.47%
Transactions at the Nigerian Stock Exchange (NSE), reversed the gaining streak to close on a downturn, yesterday, following profit-taking by investors
Investors’ wealth depreciate further by N41 billion
The Nigeria equities market extended ongoing losses to the fourth consecutive trading sessions yesterday, occasioned by losses suffered by most bluechip stocks, as investors’ wealth depreciated by N41 billion.
Market halts gaining streak, as index dips 0.83 per cent
Following price losses suffered by some bellwethers, the Nigerian equities market halted three days gaining streak yesterday, as the All-Share Index (ASI)
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. …
BUA cement listed on Nigerian stock exchange with market cap of N1.3trillion
West Africa’s second-largest Cement company, BUA Cement, today listed on the Nigerian Stock Exchange with a market capitalization of 1.2trillion Naira (USD3.3billion) bringing to a conclusion, the merger between the BUA-owned cement entities, Cement Company of Northern Nigeria and Obu Cement company. This listing brings BUA Cement’s total capacity across all its cement assets to…
Market indices soar higher with N1.377 trillion on BUA listing, others
Market capitalisation of the Nigerian Stock Exchange (NSE), soared significantly by N1.377trillion, as the total equities capitalisation rose to N15.164 trillion, following yesterday’s listing of BUA Cement Plc’s on the floor of the Exchange. The upturn was also impacted by gains recorded in medium and large capitalised stocks, amongst which were; Dangote Cement, MTN…