Bargain-hunting in blue-chip stocks pushes stock market index by 0.5%
The Nigerian Stock Exchange (NSE) posted 0.47 per cent gain, yesterday extending positive sentiment to two consecutive trading days...
Stock market resumes December trading with N27b losses
For the first trading day in December, the Nigerian equities market closed lower at the end of Monday’s transactions, occasioned by price losses in medium and highly capitalised stocks, as market capitalisation fell by N27 billion.
Bearish sentiments persist as indices plunge further by N55b
Following persistent price losses incurred by bellwether stocks, transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, causing market capitalisation dip further by N55 billion. As a result, the All-share Index (ASI) was down by 150.24 absolute points, representing a decrease of 0.48 per cent to close at…
Positive investors’ sentiments lift NSE’s indices by N105b
Investors’ positive sentiments on high capitalised stocks buoyed transactions in the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as market capitalisation increased by N105 billion.
Bargain on high cap stocks pushes indices further by N83b
Bargain hunting embarked by investors on highly capitalised stocks, pushed transactions on the Nigerian Stock Exchange in an upbeat yesterday, causing market capitalisation to rise further by N83 billion.
Price losses drag market capitalisation down by N104b
Following price losses suffered by virtually all the blue-chip stocks, transactions on the trading floor of the Nigeria Stock Exchange closed on a decline yesterday, as investors' wealth plunged by N104 billion.
Dangote Cement introduces BlocMaster to end building collapse
As part of efforts to end cases of building collapse in the country, Dangote Cement has come out with Dangote BlocMaster Cement. According to the group managing director, Joe Makoju, the 42.5R cement grade innovation will also translate into more income for block-makers and in the long run for the country. Speaking at the official…
Masquerade stabs job seeker to death hours before resuming at Dangote Cement
A masquerade, who stabbed a young applicant, Femi Makanjuola, aged 30, to death in Akure, Ondo State capital, has been arrested by the police. The deceased, who just got employment with Dangote Group of Companies, was expected to resume his new job on Monday, but met his untimely death on Saturday evening. The Guardian…
NSE indices extend losses by N94 billion
The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion.
Stock market indices plunge by N55 billion
Equity transactions on the floor of the Nigerian Stock Exchange (NSE), closed on a downward note yesterday, occasioned by losses recorded by most bluechip stocks, as market capitalisation shed N55 billion. Yesterday, the All -share index (ASI) was down by 151.17 absolute points, representing a decrease of 0.46 per cent, closing at 32,963.27 points. Similarly,…