At the end of trade today, the equities market recorded a moderate loss of 1bp to close at 24,276.56 due to sell-offs in INTBREW (-8.9%), FBNH (-0.9%)…
Stock Market
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Today, the market remained resilient as the All-Share Index advanced 75bps to settle at 24,097.48 points due to bargain hunting in GUARANTY (+6.9%), WAPCO (+10.0%) and ZENITH (+1.8%). Consequently,…
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FinanceNewsStock Market
Bargain hunting spurs gain at Nigerian Stock market as capitalisation rose to N12.6trn
In today’s session, gain resurfaced in the equities market as the benchmark index rose 30bps due to bargain hunting in AIRTELAF (+3.7%), BUACEMENT (+2.5%) and ZENITH (+1.9%) to close at 24,097.48 points. Consequently,…
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The equities market opened the week bearish as the All-Share Index lost 127bps due to sell-offs in BUACEMENT (-5.0%), NESTLE (-6.6%) and AIRTELAF (-3.5%) to close at 24,109.65 points. Consequently, market…
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The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 19.88 per cent, just as the market…
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The All-Share Index lost 90bps following price declines in GUARANTY (-5.3%), ZENITH (-5.7%) and UBN (-9.3%) to close at 24,374.40 points. Consequently, market capitalisation declined ₦115.1bn to ₦12.7tn while YTD loss…
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FinanceNewsStock Market
Bargain hunting boosts performance at Nigerian Stock Exchange, ASI gains 0.5%
Buying interest in BUACEMENT (+8.5%), WAPCO (+5.0%) and STERLING (+9.6%) pushed the benchmark index up by 47bps to close at 24,595.05 points. As a result, YTD loss eased to -8.4%…
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Losses in Industrial Goods stocks – BUACEMENT (-10.0%), DANGCEM (-0.8%) and WAPCO (-7.4%) – resulted in a 153bps dip in the benchmark index to settle at 24,479.16 points. As a…
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The local bourse started the week on a positive note following gains in NESTLE (+4.7%), OKOMUOIL (+10.0%) and FBNH (+1.9%) thus pulling the benchmark index up 12bps to…
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Shareholders of Transcorp Hotels Plc have unanimously approved the company’s plan to raise the sum of N9.9 billion through a rights issue.…
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Despite four consecutive losses during the week, the Nigerian Equities market closed on a bullish note as buying interest in AIRTELAF (+10.0%),…
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Profit-taking in MTNN (-0.4%), ZENITH (-1.5%) and FBNH (-0.9%) dragged the benchmark index 12bps lower to close at 24,625.24 points. As a result, market capitalisation declined ₦15.6bn to ₦12.8tn while…
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The gap between the bullish mood among investors and the huge uncertainties about the extent and speed of the economic recovery from…
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Losses in the equities market were extended into the third consecutive trading session as sell-offs in SEPLAT (-10.0%), NIGERIAN BREWERIES (-3.6%) and INTBREW (-9.9%) dragged the benchmark…
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The domestic equities market closed southward as the benchmark index declined 2bps to close at 24,750.06 points due to sell-offs in DANGSUGAR (-9.9%), NIGERIAN BREWERIES (-2.7%)…
