Persistent lull in money market lifts exchange's index by 2.19%
Following the continued crash in money market rates and low yields in the fixed income market, the reign of the bulls remained unabated on the equity market as the Nigerian Stock Exchange (NSE) All-Share Index....
Equity sustains gaining streak as index rises further by N18b
Despite the decline in some banking stocks, the Nigerian Stock Exchange (NSE), sustained the previous two days rally to close in upbeat yesterday, as market capitalisation appreciated by further N18 billion,
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…
Stock market reacts to recession, loses N8b
Trading on the equities sector is already responding to economic recession, as the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing the market capitalisation to depreciate by N8 billion.
NSE reopens negative as capitalisation plunges by N8b, amid recession
Trading on the equities sector appears to be reacting to the current recession, as the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, causing the market capitalisation to depreciate by N8 billion.
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
UBA grows gross earnings to N454.4b, delivers N90.4b PBT
United Bank for Africa (UBA) Plc has announced commendable performance in its unaudited 2020 third-quarter financial results, with growth in gross earnings, which rose to N454.4 billion
NSE moves to advance technology
The Nigerian Society of Engineers (NSE) has said that it is organising conferences to return to the drawing board to explore the distinctive opportunities of engineering profession to advance technology.
Profit-taking persists as investors wealth plunge further by N278b
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), continued southward for the third successive sessions, as investors wealth plunged by N278 billion