Nigerian Stock Exchange
Bull sustains rising profile, as index appreciates further by N224b
Unwilling to be weighed down by the current recession, the bull sustained a rising profile at the end of yesterday’s transaction at the Nigerian Stock Exchange (NSE), as more blue-chip stocks joined the league of gainers, causing market capitalisation to appreciate further by N224 billion. Yesterday, the All-Share Index (ASI) gained 428.44 points, representing…
Trading defies recession, as renewed bargain-hunting lifts index by 0.64%
Following renewed bargain-hunting in some banking stocks, the Nigerian Stock Exchange (NSE) defied the current recession to close upbeat yesterday, causing the All Share Index (ASI) to appreciate by 0.64%.
Volatility persists on NSE as profit-taking in high cap stocks drag index by 2.57%
Contrary to the significant buying activities witnessed in the previous weeks, the local market was largely dominated by the bears during the week, as profit-taking action in major highly capitalised stocks
Demutualisation: Members support listing of NGXG on NSE platform
Ahead of the planned demutualisation, members of the Nigerian Stock Exchange (NSE), unanimously voted to support the listing of the Nigerian Exchange Group Plc (NGXG) on the NSE.
‘Govts can unlock potential grow economy through privatisation’
Experts have argued that the Federal and State Governments have the capability to unlock Nigeria’s huge potential and achieve sustainable economic growth through privatization.
Renewed buying interest pushes ASI by 1.68 per cent
Following buying interest in high capital companies, the Nigerian Stock Exchange (NSE) halted the losing streak to close upbeat yesterday, as the All-Share Index (ASI) appreciated by 1.68 per cent.
'NSE remains viable option for SMEs, others' to raise capital, says Onyema
The traditional role of the Nigerian Stock Exchange (NSE) as an enabler of capital flow from areas of surplus to deficit holds good promise for businesses as access to capital is the prime challenge faced by companies active in various sectors of the economy.
Massive buying triggers circuit breaker on stock exchange
For the first time since its introduction in 2016, circuit breaker was activated for about 30 minutes on the Nigerian Stock Exchange (NSE) yesterday when the All-Share Index (ASI) rose beyond the set threshold of five per cent.
NSE capitalisation hits N17tr mark, as investors sustain appetite in dividend paying stocks
The market capitalisation of the Nigerian Stock Exchange (NSE) hit the N17 trillion mark yesterday, even as sustained bargain-hunting for dividend-paying stocks continue to stimulate activities in the nation’s bourse. At the close of trading Tuesday, the All-Share Index (ASI) gained 404.05 absolute points, representing an increase of 1.25 per cent to close at 32,647.10…