The capital market community led by the Securities and Exchange Commission (SEC) has launched a funding initiative with the aim of raising…
Stock Market
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Trading activities on the local bourse resumed the week negative with a 1bp marginal decline in the All-Share Index to close at…
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FinanceNewsStock Market
The Bullish trend continues at Nigerian Stock market as investors gain ₦7.8bn
Today, the local bourse sustained its uptrend, advancing 7bps to close at 22,554.84 points following gains in MTNN (+3.6%), NESTLE (+10.0%) and DANGCEM (+2.2%). Consequently, market capitalisation was…
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EconomyFinanceStock Market
COVID-19 crisis may reverse gains, weigh on growth for years in Africa—IMF
International Monetary Fund IMF has said that Sub-Saharan Africa is facing an unprecedented health and economic crisis. The IMF in its Regional…
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In today’s trade, the bulls held on to gains as the local bourse advanced 302bps to close at 22,539.94 points due to price appreciation…
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Today, market activities ended on a bullish note as the local bourse gained 232bps to close at 21,879.95 points as a result of…
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FinanceNewsStock Market
Bullish momentum continues at Nigerian Stock market as investors gain N162bn
Today’s trading session ended positive as the All-Share Index gained 147bps to 21,384.03 points following gains in NESTLE (+8.5%), ZENITH (+5.7%) and UBA (+9.7%). Investors gained ₦162.0bn as market…
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The local bourse closed in the green as the All-Share Index rose 71bps to 21,073.26 points due to gains in WAPCO (+9.8%), DANGSUGAR (+9.6%) and ZENITH (+2.3%).…
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Today, the All-Share index gained 124bps to 20,925.19 points following bargain hunting in MTNN (+3.0%), ZENITH (+7.5%) and UBA (+9.0%). Accordingly, YTD return moderated to -22.0% while investors…
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The market value of all listed companies in the Nigerian Stock market, lost about N2 trillion between January and March of 2020.…
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The domestic equities market closed on a positive note as the All-Share Index marginally rose 10bps to 21,121.20 points due to bargain hunting in DANGCEM (+9.9%),…
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At the close of trade, the All-Share Index shed 94bps to 21,100.54 points following sell-offs in DANGCEM (-9.9%), ZENITH (-2.6%) and FLOURMILL (-9.9%). Consequently, YTD return settled at -21.4%…
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At the close of trade, price declines in ZENITH (-2.1%), GUARANTY (-1.1%) and ACCESS (-1.7%) dragged the All-Share Index down 14bps to 21,300.47. Consequently, YTD return settled at -20.6% while…
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Today, the domestic equities market declined 243bps to 21,330.79 points following sell-offs in MTNN (-10.0%), ZENITH (-5.2%) and GUARANTY (-3.0%). Consequently, YTD return fell to -20.5% while market capitalisation decreased ₦276.7bn…
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Prices of shares at the Nigerian Stock Exchange maintained a positive trend with the indices appreciating further by 0.48 percent. Specifically, the…