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BUA Cement, FBNH, UBA lead gainers chart as NSE-ASI gains 0.18%

Transactions on the Nigeria equity market today (Wednesday) closed on a positive note, gaining 0.18%, to extend the seesaw movement of alternating losses and gains to five consecutive days, following value appreciation on some bellwether stocks like BUA CEMENT, FBNH, UBA and 15 others. Consequently, the...

Market Caps up N12.881 trillion as Stocks close for Eid-el-Kabir celebration with 0.18% growth

By Chinyere Joel-Nwokeoma Lagos, July 29, 2020 (NAN) The Nigerian Stock Exchange (NSE) ended the week on Wednesday ahead of Eid-el-Kabir celebration with a growth of 0.18 per cent on bargain hunting. Speficially, the All Share Index (ASI) improved by 43.57 points or 0.18 per cent...

Nigeria stock market loses N70bn, amid losses by blue chips

By Chinyere Joel-Nwokeoma Lagos, July 28, 2020 The nation’s bourse returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by some blue chips. The market capitalisation was down 0.54 per cent to close at N12.858 trillion compared with N12....

Local Bourse Index Rebounds by 0.58% on DANGCEM Shares…

In line with our expectations, the domestic equities market rebounded amid renewed bargain hunting activity. Specifically, the NSE ASI climbed by 0.58% week-on-week to 24,427.73 points. However, the rise in the general index eclipsed the negative performance of most sub-sector gauges as only the NSE...

NSE: Trading returns to negative territory, ASI down 0.35%

By Chinyere Joel-Nwokeoma Lagos, July 24, 2020 Trading on the nation’s bourse returned to the negative territory on Friday with key market indices declining by 0.35 per cent. Specifically, the All-Share Index (ASI) dipped 85.04 points to close at 24,427.73 compared with 24,512.77 achieved on...

Stock transactions close flat on Nigeria stock exchange

By Chinyere Joel-Nwokeoma Lagos, July 22, 2020 Trading at the nation’s bourse closed flat on Wednesday with the All-Share Index (ASI), which opened at 24,174.45, closing at 24,173.53. The ASI dropped by just 0.92 points or 0.004 per cent. Similarly, the market capitalisation lost one billion naira...

Eterna led losers’ chart NSE sustains negative sentiment, ASI down 0.39%

By Chinyere Joel-Nwokeoma Lagos, July 21, 2020 Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained negative sentiment, with the All-Share Index (ASI) declining further by 0.39 per cent. Specifically, ASI, which opened at 24,269.58, dipped 95.13 points to close at 24,174.45. Similarly, the market...

SEC seeks automation of capital market processes to guarantee efficiency

By Ginika Okoye Abuja, July 20, 2020 The Securities and Exchange Commission (SEC), has expressed its readiness to automate capital market processes to conform to current technological trends to ensure more efficient market. The Director-General of SEC, Mr Lamido Yuguda said this at a meeting with...

NSE market indices down 0.07%, as MPC retains policy rates

By Chinyere Joel-Nwokeoma Lagos, July, 2020 The Nigerian Stock Exchange (NSE) opened the week on Monday with a loss of 0.07 per cent, just as the Monetary Policy Committee (MPC) retained key policy variables. The MPC committee members at the end of the one-day virtual policy...

NSE All Share Index Moderates by 0.08% on Sustained Sell-offs…

In the just concluded week, the Lagos bourse closed southwards amid sustained profit taking activity. Specifically, the NSE ASI moderated by 0.08% week-on-week to 24,287.66 points. Similarly, most sub-sector gauges closed negatively, save NSE Industrial index which rose by 0.52% to close at 1,099.97 points. The NSE...
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