Selloffs in banking stocks, others drag index further by 0.08%
Transactions on the Nigerian equities market extended the negative streak to four consecutive trading sessions, amid sell pressure on the banking and consumer goods sectors, as index fell further by 0.08 percent.
Bears sustain dominance as investors’ wealth slumps further by 0.3 per cent
The dominance of the bears has continued unabated on the equities sector of the Nigerian Stock Exchange (NSE), occasioned by losses in highly capitalised stocks, resulting to a further slide in the All-Share Index (ASI) by O.3 per cent.
Bulls run pushes market indices further by N58b
The Nigerian equity market trading session extended positive outlook, as investors' wealth increased by N58 billion on high capitalised stocks. Yesterday, the All- share Index (ASI) gained 154.20 absolute points, representing a growth of 0.53 per cent to close at 29,347.62 points. Similarly, the market capitalisation rose by N58 billion to close at N11.023 trillion.…
Dangote Cement, GTB, others lead N44 billion market gain
Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained rising profile, following price gains by the bellwethers, especially Dangote Cement, and Guaranty Trust Bank (GTB), as market capitalisation appreciated further by N44 billion. At the close of transactions yesterday, the index rose by 111.04 points or 0.36 per cent to close at…
Sell-off drags market index by 0.18 per cent
Following price losses suffered by most blue-chip stocks, transactions on the equity sector of the Nigerian Stock Exchange (NSE) closed on a downturn yesterday, as the All-share index depreciated by 0.18 per cent. Specifically, at the close of transactions yesterday, the All -share index (ASI) was down by 56.80 absolute points, representing a decline of…
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.
Selloff persists as index plummets further by 0.1 per cent
Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange...
Political turbulence triggers more equity slump
Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector of the Nigerian Stock Exchange as stock market investors lost N257 billion...
NSE indices sustain sliding profile, down by N21 billion
Transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, following price losses suffered by most blue chip stocks, causing market capitalisation to dip further by N21billion.
FBN Holdings post N595.4b gross earnings, N47.8b full year profit
For the full year ended December 31, 2017, FBN Holdings Plc has achieved gross earnings of N595.4billion, and Profit After Tax (PAT) of N47.8billion. Specifically, the bank’s audited result showed 2.3 per cent rise in gross earnings to N595.4billion, up from N581.8billion achieved in the corresponding period in 2016. Similarly, the bank’s PAT…