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Investors reposition ahead of half-year earnings
Renewed bargain-hunting ahead of the half-year earnings season spurred activities on the equities sector of the Nigerian Exchange Limited (NGX), last week, as investors have begun to take a position in undervalued stocks.
Stock market defies high earnings, suffers fifth weekly loss
Despite the significant rally in global oil prices coupled with attractive dividend yields from several listed firms, the reign of the bears continued unabated on the Nigerian Stock Exchange...
Improved corporate earnings lift stock indices
For the first time since January, the Nigerian equities market closed higher for three consecutive weeks, as positive sentiments on the on-going half-year earnings season has continued to influence prices of low, medium and high cap stocks.
Equities market extends losing streak as index dips 0.38%
The Nigerian equities market extended its current losing streak to the fifth consecutive trading session, yesterday, as sell-offs in 22 stocks dragged the index further by 0.38 per cent.
Bargain-hunting strengthens as indices appreciates further by N110b
The bulls strengthen their hold on the equities sector of the Nigerian Stock Exchange (NSE) for nine successive trading days even as more high value stocks joined the league of gainers...
Apathy, weak sentiments persist amid rising insecurity, others
For the third consecutive week, weak sentiments have continued to dominate the domestic equities market, as investors lose 1.11 per cent.
Bellwethers, others extend NSE capitalisation losses by N90billion
Following price losses suffered by most bellwethers, the Nigerian equities market extended the bearish streak at the end of yesterday’s transaction, crashing market capitalisation further by N90 billion.
Indices rebound by 2.09% over renewed stocks’ appetite
Buying interest in the shares of some bluechip stocks drove the local bourse northward for four consecutive days last week, sustaining the positive trend since the beginning of the week.
Bears sustain dominance on profit-taking as index slumps further
The bears sustained dominance at the end of transactions on the equities sector of the Nigerian Stock Exchange (NSE), yesterday, occasioned by price losses in most blue-chip stocks, resulting to a further decline in the All-Share Index by 0.35 percent.