Stock market looking bullish as capitalisation rises by N200bn
Following bargain hunting in most blue-chip stocks, the Nigerian equities market extended its gain yesterday, with capitalisation gaining N200 billion.
Bull sustains rising profile, as index appreciates further by N224b
Unwilling to be weighed down by the current recession, the bull sustained a rising profile at the end of yesterday’s transaction at the Nigerian Stock Exchange (NSE), as more blue-chip stocks joined the league of gainers, causing market capitalisation to appreciate further by N224 billion. Yesterday, the All-Share Index (ASI) gained 428.44 points, representing…
More knocks trail FG’s selective border waivers
Varied reactions have continued to trail the Federal Government’s exemption of Dangote Cement, BUA, and a gas supply firm from the land border trade restriction policy, saying the action contravenes the spirit of competition and the Constitution.
Chemical workers seek stakeholders’ engagement to sustain jobs
The Chemical and Non-Metallic Products Senior Staff Association of Nigeria (CANMPSSAN) has called for effective engagement between management and employees of organisations
Sell-pressure drags capitalisation further by N46b
Sell-pressure continued on the stock market yesterday, as more blue chips stocks depreciated in price, resulting in further losses in market capitalisation by N46 billion.
Negative fixed income returns, bellwethers push NSE index by 2.53%
. As ASI erases year-to-date losses As declining returns across fixed-income assets continue to buoy investors’ appetite in bellwether stocks, the All-share index (ASI), erased its year-to-date losses on Friday, appreciating by 2.53 per cent to close at 26,986.77 per cent last week. This is despite the one-day holiday declared by the Federal Government on…
Bullish sentiments push investors’ fortunes further by N106b
The Nigerian equities market sustained a rising profile yesterday, occasioned by gains in most high capital stocks, as investors’ wealth appreciated further by N106 billion.
Sustained bargain-hunting pushes index further by 0.05 per cent
Following sustained bargain hunting in most blue-chip stocks, trading on the Nigerian Stock Exchange (NSE), reopened upbeat, yesterday, causing the All-Share Index (ASI), to rise by 0.05 per cent. At the close of transactions Monday, the ASI increased by 13.64 absolute points or 0.05 per cent growth to close at 25,605.59 points. Similarly, the overall…