Nigerian Stock Exchange
Industry operators support recapitalisation to boost economy
Stakeholders in the nation’s insurance industry have expressed support for the ongoing recapitalisation exercise, saying it would boost the sector’s contributions to the economy.
Stock market index sustains rising profile, up by 0.08%
Following price gains recorded by most bluechip stocks, trading on the floor of the Nigerian Stock Exchange (NSE) sustained rising profile yesterday, as the All-Share Index (ASI) increased further by 0.08 per cent.
Liquidity, confidence issues sustain hold on NSE index
The challenge of availability of cash and waning investor confidence that has persisted in the nation’s stock market continued to impact on market indices last week. The Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market capitalisation depreciated by 0.99 percent to close the week at 27,525.81 points and N13.391 trillion respectively.
Stock market reverses previous gains, as index plummets by 0.7 per cent
Following price losses incurred by most blue-chip stocks, the Nigerian Stock Exchange (NSE) closed on a downward note yesterday, as the All-Share Index (ASI) slumped by 0.7 per cent.
Med-View denies operation shut down
Despite its absence from both regional and local routes in the last two weeks, Med-View Airlines Plc. has denied the suspension of flight operations. The management of the airline yesterday urged its shareholders, stakeholders, and the general public to disregard reports suggestion the suspension...
Stock market reverses negative streak as investors’ wealth rises by N3 billion
Trading on the Nigerian Stock Exchange (NSE) closed in an upbeat yesterday, occasioned by price gains in most blue chip stocks as market capitalisation appreciated marginally by N3 billion.
Stock market reverses gaining streak as index drops by 0.4%
Following price loss incurred by most blue-chip stocks, the Nigerian Stock Exchange (NSE) reversed the three days gaining streak to close on a downturn yesterday, as the All-Share Index declined by 0.4 per cent.
Stock market reverses positive streak as index plunge by N28b
Following price losses suffered by most blue-chip stocks, the bears upstaged the bulls on the equities sector of the Nigerian Stock Exchange (NSE), causing market capitalisation to depreciate by N28 billion.
Med-View 'shuts' operations as planes go out of service
Staffers and shareholders of Med-View Airlines Plc may be in for more difficult times, as the airline has shut down flight operations. The blackout, as observed Monday, was not unconnected with the airline's only operating aircraft, B737-500, suddenly going out-of-service.
Share prices hit 10-year low amid uncertainties, weak economy, others
Prevailing economic downturn has continued to trigger persistent fall in share prices of listed firms, as share prices of most bluechip companies quoted on the Nigerian Stock Exchange (NSE), hit 10-year low under the current financial year.