Transactions on the trading floor of the Nigerian Stock Exchange (NSE), continued on a downturn yesterday, even as more bluechip stocks depreciated in price, resulting...

The bears sustained dominance on the equities sector of the Nigerian Stock Exchange (NSE), yesterday, even as most blue-chip stocks depreciated in price, causing investors’ wealth to slump by N38 billion in four trading days.

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.

Trading on the Nigerian Stock Exchange (NSE) continued on a downturn yesterday, as a result of price losses by many blue-chip stocks, causing market capitalisation to depreciate further by N22 billion.

Ahead of the Santa Claus and year-end rally, expected to usher in a bullish run, especially with the undervalued situation of the Nigerian Stock Exchange (NSE), indices closed last week on the upbeat.

Investors’ renewed appetite in some blue-chip stocks spurred transactions on the equities sector of the Nigerian Stock Exchange (NSE), as market capitalisation appreciated further by N17 billion.

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.

The current volatility witnessed in the nation’s stock market is partly due to the delisting of 36 firms valued at N253.6 billion from the daily official list of the Nigerian Stock Exchange (NSE) in the last four years.

The rally in the domestic equities market was sustained for a third consecutive week and being the first time since May 2019, as investors continue to hunt for positive returns amidst depressed fixed-income yields.

The huge number of unclaimed dividendss in the nation’s capital market may become a thing of the past, as the Securities and Exchange Commission (SEC), at the weekend, ending the use of bankers’ confirmation form in processing e-dividend registration.

The bulls maintained dominance at the end of transactions yesterday, on the equities sector of the Nigerian Stock Exchange (NSE), as market capitalisation appreciated further by N46 billion.

Following price gains recorded by most bluechip stocks, transactions on the equities sector of the Nigerian Stock Exchange (NSE), sustained the previous day gains, as the All Share Index (ASI) appreciated further by 0.14 percent.