Uptick in fixed yield triggers massive selloff in equities
The marginal uptick in yields in the fixed income market propelled massive selloff on the equity sector of the Nigerian Stock Exchange (NSE) last week, as the NSE All-Share Index (ASI)
Equities rebound as capitalisation rises by N24 billion
The Nigerian stock market rebounded yesterday after the previous day’s negative performance, as market capitalisation increased by N24 billion.
Blue-chips buoy market fortunes as index rises 0.30 per cent
Following bargain-hunting in most blue-chip stocks, the Nigerian equities market halted three days losing streak to close in an upbeat yesterday, causing the All-Share Index
Investors bemoan N2 trillion losses in equities in three years
Worried by over N2 trillion losses recorded by stock market investors in the last three years, experts have urged the government to tackle insecurity issues
Nigerian equities market records worst weekly losses
It was a gloomy week for the domestic bourse as fear of Coronavirus and lower oil price panic-selling drove the market to new record weekly losses.
Equities sustain gaining streak as index add N84 billion
The Nigerian equities market sustained gaining streak, as investors continue to take a position in some highly-capitalised stocks, resulting in a further rise in market capitalisation
Analysts predict increased liquidity, patronage in equities
Financial analysts have predicted increased liquidity and domestic participation in the equities market in 2020, considering the recent favourable monetary policy.
Bears strengthen hold on equities as index plunges further by 0.02%
The equities market continued on the decline at the end of transactions yesterday, as more blue-chip firms joined the league of losers, causing the All Share Index (ASI) to plummet further by 0.02 per cent.
Improved corporate performance lifts market index by N18 billion
Following improved earning performances recorded by some bluechip stocks, the equities market halted its losing streak to reopen in an upbeat at the end of yesterday’s transactions on the floor of the Nigerian Stock Exchange (NSE), causing market capitalisation to inch up by N18 billion.