UAC of Nigeria
Bellwethers buoy stock market N27 billion gains
Transactions on the Nigerian Stock Exchange (NSE) sustained a rising profile yesterday, as more blue-chip stocks, especially UACN, and Linkage Assurance recorded price appreciation, causing investors wealth to increase further by N27 billion. Yesterday, the All Share Index (ASI) increased by 51.02 absolute points or 0.20 per cent to close at 25,511.02 points. Similarly, investors…
Renewed profit-taking drag index by 0.06 per cent
Renewed profit-taking in the shares of some blue-chip companies, especially Champion Breweries and Honeywell Flour Mill dragged the All-share Index (ASI) by 0.06 per cent.
Market sustains slide as GSK, others lead N1billion losses
The Nigerian equities sector sustained a sliding profile at the end of yesterday’s transactions, as more blue-chip stocks, especially GSK, African Prudential, and others joined the league of losers
Profit-taking reverses positive streak as index loses 0.47%
Transactions at the Nigerian Stock Exchange (NSE), reversed the gaining streak to close on a downturn, yesterday, following profit-taking by investors
Stock market reopens upbeat as index rises by 0.30%
Following price gains recorded by most bluechip stocks, the equities market commenced trading for the month of May, in an upbeat, as the All Share Index (ASI) appreciated by 0.30 per cent.
Market rebounds as financial stocks lift index by 0.17%
Following renewed interest in the shares of some banking and insurance stocks, the Nigerian equities market rebounded yesterday, to halt eight consecutive sessions of the downturn
Market rebounds as financial stocks lift index by 0.17 per cent
Following renewed interest in the shares of some banking and insurance stocks, the Nigerian equities market rebounded yesterday, to halt eight consecutive sessions of downturn, causing the All Share Index (ASI) to appreciate by 0.17 per cent.
Stock market depreciates further by N59 billion in bearish trading
Despite price gains that outweighed losses, the bears strengthened their hold on the trading floor of the Nigerian Stock Exchange (NSE) yesterday, causing the market capitalisation to dip further by N59 billion.
Stock market’s indices dip further by 0.5%
Equity transactions sustained sliding profile for the fifth consecutive trading sessions, occasioned by heavy profit taking, causing the All-Share Index (ASI) to plummet further by 0.5 per cent. Specifically, at the close of transactions yesterday, ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points, while the market…