Bullish sentiments push investors’ fortunes further by N106b
The Nigerian equities market sustained a rising profile yesterday, occasioned by gains in most high capital stocks, as investors’ wealth appreciated further by N106 billion.
Bellwethers push NSE’s index further by N67b
Following price gains in bellwether stocks, the Nigerian equities market sustained a rising profile yesterday, and closed on a positive note, causing investors wealth to appreciate further by N67 billion. At the close of transactions Wednesday, the All-Share Index (ASI) increased by 128.12 absolute points or 0.50 per cent to close at 25,783.02…
Investors' wealth slumps by 0.09% over weak patronage, apathy
Weak domestic patronage has continued to spur increased price volatility and apathy on the equity sector of the Nigerian Stock Exchange (NSE).
Bearish sentiments in highcap stocks pull indices down by N9bn
The bearish sentiments witnessed in the Nigerian equities market extended into the third consecutive session, as sell pressure in highly capitalised stocks persisted, resulting to a further slide in market capitalisation by N9 billion. Specifically, at the close of trading yesterday, the All -Share Index (ASI) shed 19.89 absolute points, representing a dip of…
Post-election apathy, liquidity shortfall pare investors’ fortune
A significant shortfall in availability of cash at the disposal of money market operators, occasioned by increased post-election apathy, has continued to fuel persistent sell pressure on the equities sector of the Nigerian Stock Exchange (NSE), causing investors’ wealth to plunge further by 2.5 per cent as at Friday. A review of market performance last…
Election postponement drags stock market All-share index by 1.6%
After eight days of bargain hunting activities, the bears upstaged the bulls yesterday on the trading floor of the Nigerian Stock Exchange, as investors reacted to the postponement of the Saturday general elections. Specifically, the All Share Index (ASI) shed 525.13 absolute points, representing a dip of 1.61 per cent to close at 32,190.07…
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.