Profit-taking pushes down market index by 1.06 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued downward, as more blue-chip stocks depreciated in price, resulting to a further decline in the All-Share Index (ASI) by 1.06 per cent.
Investors' wealth soars by N352 billion in three trading days
The dominance of the bulls on the equities sector of the Nigerian Stock Exchange (NSE), strengthened by price gains from most blue chip stocks, caused investors' wealth to soar by N352 billion in three trading days.
Heightening insecurity, Coronavirus scare drag index further by N174 billion
Following massive sell-offs on the shares of most bellwethers, trading at the nation’s stock market extended the losing streak for the eighth successive sessions
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 reverses previous gains as index plunges by N74 billion
Following sell pressure in some bellwethers, the equities market reversed previous gains at the end of yesterday’s transactions, causing market capitalisation to depreciate by N74 billion.
Equities defy earnings’ scorecards as investors lose 0.32% in one week
Despite the 2019 third quarter (Q3) financial results so far released by some listed companies, the bearish trend that had dominated the market in recent times continued unabated last week.
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 maintain dominance as index depreciates further by 0.6%
Price losses incurred by most blue-chip stocks dragged the All-share index further by 0.2 per cent at the end of transactions yesterday, on the Nigerian Stock Exchange (NSE).
Stock market reverses previous gains, as index plummets by 0.7 per cent
Following price losses incurred by most blue-chip stocks, the Nigerian Stock Exchange (NSE) closed on a downward note yesterday, as the All-Share Index (ASI) slumped by 0.7 per cent.