29 C
Lagos, South Africa and New York
Saturday, June 6, 2020
Home Markets Nigeria Stock Exchange

Nigeria Stock Exchange

Domestic investments in Nigerian equities shed 66.6 percent in 12 years as foreign transactions rise

Foreign transactions in the Nigerian equities market soared by 97.88 per cent from N616 billion to N1.219 trillion in the last 12 years, figures released yesterday by the Nigerian Stock Exchange (NSE) have shown. The jump, which is between 2007 and 2018, indicated foreign investors’...

Nigeria Stock Exchange has Delisted 85 Companies In 14 Years

In protecting investors from investing in non-performing or moribund companies, the Nigerian Stock Exchange (NSE) has so far delisted 85 companies from its daily official list between 2002 to date. Delisting involves removal of listed securities of a company from a stock exchange where it...

Nigeria’s election delay triggers stock-market sell-off

* Naira, stocks fall after election delayed * Election body moves vote, hours before poll opens * Moves could affect bond auction this week * Delay may lead to disputed result * Jittery investors on sidelines (Recasts first paragraph with stock market fall, adds analyst comments) By Chijioke Ohuocha...

Unity Bank, 22 other equities drag NSE capitalisation down by N236bn

The Nigerian Stock Exchange, NSE, today halted the four day winning streak following massive sell-off on the shares of 23 companies, resulting in loss of N236 billion in investors’ wealth. NSE moves 403.14m shares worth N9.14bn Top among the companies that drove the market...

Nigerian stocks near two-year low on weak investors’ sentiment

Nigerian stocks fell to a near-two-year low on Monday as low economic growth weighed on sentiment, analysts said. The all-share index was down 1.43 percent in late trading, having recovered slightly after dipping to its biggest intra-day decline in seven months. "The general market sentiment around...

Nigerian equities market drops to 0.44% as investors dispose blue chips company shares

Nigerian equities market dips 0.44% as investors selloff blue chips across market bellwethers during the late trading hours of Wednesday. The All-Share Index thus settled at 35,358.94 points while year-to-date loss worsened to -7.5 percent. Similarly, market capitalization dropped N57.4 billion reducing equities market overall value...

Nigerian Bourse ASI Marginally Falls by 0.01% as The Bulls Battle The Bears…

In the just concluded week, the local equities market closed marginally in negative territory amid sustained profit taking activity as investors continued to patronise fixed income assets. The decline in overall market performance was partly subdued by partial recovery in the share prices of...

Local Equities Up 0.45%, on DANGCEM Shares

; NIBOR Rises on Renewed Liquidity Strain… Amid extended trading hours to 3.30 p.m today due to the technical glitch encountered by the Nigerian Stock Exchange, the local stocks gained 0.45% to sustain its positive run. Industrial stocks, led by DANGCEM which remained the toast...

Coronavirus: Investors worried as Nigerian stocks fall to 2 months low with Global shares suffer worst week since financial crisis

Lagos Nigeria, Feb 28 - Nigerian stocks fell 1.63% to their lowest level in two months after the West African country recorded its first case of coronavirus. An Italian man who arrived in Nigeria three days ago has become the African country’s first case...

Nigerian Stock Exchange partners Luxembourg Bourse to attract foreign green capital

The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) are pleased to announce the signing of a Memorandum of Understanding (MoU) to cooperate in promoting cross listing and trading of green bonds in Nigeria and Luxembourg. The announcement was made at the...