Sell-pressure drags capitalisation further by N46b
Sell-pressure continued on the stock market yesterday, as more blue chips stocks depreciated in price, resulting in further losses in market capitalisation by N46 billion.
Profit-taking drags stock indices further by N38 billion
Profit-taking continued to take a toll on the equities sector of the Nigerian Stock Exchange (NSE), extending negative sentiment to three consecutive trading days, causing market capitalisation to slide further by N38 billion. Yesterday, the All-Share Index (ASI) decreased by 72.41 absolute points, or 0.28 per cent to close at 25,424.91 points. Similarly,…
Market reverses previous gains as index plunges by N74 billion
Following sell pressure in some bellwethers, the equities market reversed previous gains at the end of yesterday’s transactions, causing market capitalisation to depreciate by N74 billion.
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.
Unilever Nigeria’s PAT run rate improves in Q2 over Q1
Unilever Nigeria released its results yesterday for the quarter ended June 2019 with a N23.42 billion turnover in Q2. The Company recorded a considerable leap in Q2 to record a 24% increase in its profit after tax which stood at N1.9 billion. The company reported a growth of 18% in its turnover from N19.2 billion…
Renew sell pressure hits stock market as investors lose N287b
Following renewed profit taking, transactions on the Nigerian Stock Exchange (NSE) closed on a downward note, as investors lost N287 billion yesterday...
Stock market reopens bearish, indices down by N16 billion
Following renewed profit taking by investors on the Nigerian Stock Exchange (NSE), equity transactions reopened for the week on a downward note, causing market capitalisation to dip by N16 billion. Specifically, at the close of transactions yesterday, the NSE-ASI was down by 43.98 absolute points, representing a dip of 0.14 per cent to close at…
NSE indices extend losses by N94 billion
The bears maintained dominance at the end of yesterday’s transactions on the equity sector of the Nigerian Stock Exchange (NSE), following price losses incurred by most highly capitalised stocks, as market capitalisation depreciated further by N94 billion.
Campaign for children’s hygiene, others get underway
More than 215,000 children under the age of five in Nigeria die due to preventable infections like diarrhoea and pneumonia each year with the highest percentage from Africa.