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Sunday, August 9, 2020

Domestic Bourse Index Revvs by 1.09% on Industrial, Banking Stocks…

In the just concluded week, the domestic equities market revved amid sustained bargain hunting activity even as (WAPCO) Lafarge Africa Plc and OKOMUOIL posted positive H1 2020 results. Specifically, the NSE ASI increased by 1.09% week-on-week to 24,693.73 points. Also, most sub-sector gauges closed in green: the NSE...

As Gold price hit $1,983, Here are stock of Nigerian listed ETF to buy

Gold rose to a record high of $1,983 a troy ounce this week based on plans by the United States government to pump in more stimulus packages to states and businesses affected by the surge in coronavirus virus and lockdowns, which currency analysts see...

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...

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...
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