Stanbic IBTC Holdings
The Nigerian stock market resumed trading on Monday in red to halt the seven consecutive days gaining sessions due to profit taking.
Sell-off in Stanbic IBTC Holdings and 21 other stocks dragged transactions on the Nigerian Exchange (NGX), extending the bearish trend to close on a downturn yesterday as the all-share index (ASI) depreciated by 0.92 per cent.
Investors renewed appetite in the shares of highly-capitalised (highcap) companies halted four days' bearish run, causing the All-Share Index (ASI) to appreciate by 0.02 per cent.
Following sustained bargain-hunting in most blue-chip stocks, transactions at the Nigerian Stock Exchange (NSE) continued upbeat, as market capitalisation of listed equities hit N22 trillion mark.
20 Nov 2020
Following persistent sell pressure in some high-value stocks, the domestic equities market closed negative at the end of yesterday's transactions, causing the market capitalisation to depreciate further by N91 billion. Yesterday, the All Share Index (ASI) shed 174.36 absolute points, representing a loss of 0.50 per cent to close at 34,643.65 points. Accordingly, investors lost…
31 Aug 2020
Transactions at the Nigerian Stock Exchange (NSE) defied the impact of the recently-published 2020 second quarter (Q2) report of 6.1 per cent gross domestic product (GDP) contraction to close the week on a positive note, as the 2019 full-year corporate scorecards and ongoing half-year earnings reporting season with dividend pay-out continue to support the bull…
14 Aug 2020
The bulls maintained dominance on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks join the league of gainers, resulting to a further rise in market capitalisation by N50 billion .
10 Apr 2020
Transactions on the equities sector of the Stock Exchange (NSE) sustained rising profile yesterday, as more blue-chip stocks joined the league of gainers, resulting to a further rise in the All Share Index (ASI) by 1.47 per cent.
30 Mar 2020
As the COVID-19 crisis continue to take toll on the global and domestic economy with rising new cases of the virus involving prominent government officials...
16 Mar 2020
It was a gloomy week for the domestic bourse as fear of Coronavirus and lower oil price panic-selling drove the market to new record weekly losses.
19 Dec 2019
The Nigerian equities market recorded marginal appreciation yesterday, occasioned by gains in some blue chip stocks, as index increased 0.02 per cent.
5 Nov 2019
As investors reposition ahead of 2019 full year dividend payout, the Nigerian equities market rebounded at the reopening of transactions yesterday, causing the All-Share Index to advance by 0.41 per cent.