Stanbic IBTC Holdings
Selloff persists as market capitalisation depreciates further by N91b
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…
NSE defies GDP contraction, as earnings scorecards push index by 0.35%
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…
Equities sustain rising profile as ASI appreciates further by 1.47%
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.
Weak sentiments persist on equities market amid rising cases of COVID-19 crisis
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...
Bellwethers pushes stock market index by 0.02%
The Nigerian equities market recorded marginal appreciation yesterday, occasioned by gains in some blue chip stocks, as index increased 0.02 per cent.
Investors repositioning ahead of 2019 dividend lifts NSE’s index
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.
Equities slump further by N145 billion as weak sentiments linger
The Nigerian equities market sustained a bearish profile at the end of yesterday’s transactions, following price losses incurred by virtually all the blue-chip firms, causing investors’ wealth to depreciate further by N145 billion.
Bearish run pushes market index down by N15 billion
The reign of bears sustained on the equities sector of the Nigerian Stock Exchange (NSE), as more bluechip stocks joined the league of the losers...
Parents, sponsors extol Team Special Olympics Nigeria’s feat
Parents and guardians of the Special Olympics (SO) Nigeria athletes have hailed the performances of the their wards who took part in the just concluded World Summer Games held in the Abu Dhabi, United Arab Emirates. Team Nigeria won four gold and two bronze medals in athletics, two gold, seven silver and two bronze…