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Selloff persists as market capitalisation depreciates further by N91b
Following persistent sell pressure in some high-value stocks, the domestic equities market closed negative at the end of yesterday's transactions, causing the market capitalisation to depreciate further by N91 billion. Yesterday, the All Share Index (ASI) shed 174.36 absolute points, representing a loss of 0.50 per cent to close at 34,643.65 points. Accordingly, investors lost…
Bulls sustain dominance as index rises further by N4b
The bulls sustained their hold on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks appreciated at price, causing market capitalisation to increase further by N4 billion. Yesterday, the All-Share Index (ASI) increased by 8.41 absolute points, representing a growth of 0.03 per cent to close at 30,741.88 points. …
Stock market capitalisation rises further by N1b
The Nigeria equities market closed on an upward note yesterday, as more blue-chip stocks recorded price appreciation, causing market capitalisation to increase by N1 billion. The All-Share Index (ASI), closed at 28,344.33 points from 28,344.04 points on the previous day. Similarly, the market capitalisation increased marginally by N1 billion from N14.814 trillion to N14.815 trillion.…
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…
NSE’s capitalisation hits N14tr mark amid sustained bulls run
The Nigerian Stock Exchange (NSE) market capitalisation closed trading for the month of September at N14 trillion, yesterday, amid sustained bargain hunting activity.
Bearish sentiments drag stock market indices by N56b
Following sell-offs in most high-capitalised stocks, transactions on the Nigerian Stock Exchange (NSE), reopened bearish yesterday, as investors’ wealth plunged by N56 billion.
Market sustains winning streak as index gains N94 billion
Amid sustained bargain-hunting, the Nigerian Stock Exchange (NSE), extended its winning streak to the second consecutive trading yesterday, as market capitalisation gained additional N94 billion.
Profit-taking reverses NSE gaining streak as index loses N50b
Following profit-taking embarked upon by investors, the Nigerian equities market halted recent gaining streak to close on a downturn yesterday, as market capitalisation
Stock market resumes June trading upbeat, as index rises 0.19%
Following gains recorded by most blue-chip stocks, the Nigerian Stock Exchange (NSE) resumed trading for the month of June, upbeat, as the All-Share Index