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Stock

Nigerian Stock Exchange Extends Gain, Index Rises Further by 0.11%

Chinyere Joel-Nwokeoma Jan 13, 2021 0

Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.Specifically, the All-Share Index improved further by 45.10 points or 0.11 per cent to close…

Business

Nigerian Stock Exchange Moves 190m Shares Worth N3.33 Billion

Chinyere Joel-Nwokeoma Nov 27, 2020 0

The Nigerian Stock Exchange (NSE) on Friday moved 190 million shares worth N3.33 billion in 3,976 deals, as the indices rose by 0.24 per cent.This was in contrast with 257.56 million shares valued N3.53 billion transacted in…

Business

Nigerian Stock Exchange Records First Week Loss, Down 0.86%

Chinyere Joel-Nwokeoma Nov 13, 2020 0

The Nigerian Stock Exchange (NSE) on Friday recorded its first loss for the week, dropping by 0.86 per cent due to profit-taking.Specifically, the market capitalisation lost N159 billion or 0.86 per cent to close at N18.308…

Business

Nigerian Stock Exchange Trades 637.49m Shares Worth N5.23bn

Chinyere Joel-Nwokeoma Nov 6, 2020 0

Investors on the Nigerian Stock Exchange on Friday traded 637.49 million shares worth N5.23 billion transacted in 6,354 deals.This was in contrast with 430.12 million share valued at N6.62 billion achieved in 4,319 deals on…

Business

Nigeria Stock Market Loses N113bn

Chinyere Joel-Nwokeoma Oct 21, 2020 0

The Nigerian Stock Exchange (NSE) on Wednesday reacted to social unrest following the aftermath of #EndSARS protests losing N113 billion, amid sell pressure.Specifically, the market capitalisation shed N113 billion or 0.75 per…

Economy

NSE returns to Negative Posture, Indices Down by 0.05%

Chinyere Joel-Nwokeoma Mar 25, 2020 0

Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks. SEE ALSO: MTN Nigeria board Chairman, Pascal Dozie, 5 other directors retire…

World

Asian shares: Investors look to Sino-U.S. trade talks, Fed policy

Abdullahi Mohammed Jan 8, 2019 0

Asian shares dipped on Tuesday, running out of steam after a brief rally sparked by hopes that Washington and Beijing may be inching towards a trade deal.It is also affected by the hope that U.S. Federal Reserve would halt its…

Business

Central banks, U.S. employers aid world stock recovery

Abdullahi Mohammed Jan 7, 2019 0

A set of strong employment data in the United States, decisive action from the Chinese Central Bank and dovish messages from U.S. Federal Reserve chief Jerome Powell combined to push world stocks further off recent lows on Monday.The…

Business

Financial experts link stock market decline to inflation figure, earnings expectations

Uju Jul 11, 2017 2

Some financial experts on Monday attributed mixed performance being experienced at the Nigerian Stock Exchange (NSE) to anticipation of June inflation figure and second quarter results.They told the News Agency of Nigeria (NAN) in…

Business

NSE moves 493.27m shares worth N6.24bn in cautious trading

Uju Jun 16, 2017

The Nigerian Stock Exchange on Friday moved a total of 493.27 million shares valued at N6.24 billion exchanged by investors in 5,474 deals.The News Agency of Nigeria (NAN) reports that the turnover was lower by 14 per cent when compared…

Business

GTBank Releases 2016 Q3 Unaudited Results, Reports Profit Before Tax of N140.84Bn

Femi Famutimi Oct 21, 2016 0

Guaranty Trust Bank plc has released its unaudited financial results for the 3rd quarter ended September 30, 2016, to the Nigerian and London Stock Exchanges.A review of the 3rd quarter performance shows positive growth across…

Business

Poor earnings: NSE market capitalisation down by N59bn

Femi Famutimi Oct 14, 2016 0

Activities on the Nigerian Stock Exchange (NSE) on Thursday, remained on a negative note due to unimpressive third quarter result declared by some companies.The News Agency of Nigeria (NSE) reports that the market capitalisation slipped…

Business

NSE market indicators rebound by 0.55%

Owolabi Oluwasegun Aug 10, 2016 0

Activities on the Nigerian Stock Exchange (NSE) recorded positive trend on Wednesday, rising by 0.55 per cent following gains by some blue chip equities.The News Agency of Nigeria (NAN) reports that the All-Share Index improved by…

Business

Sell pressure: NSE market indices shed 0.94%

Femi Famutimi Jul 20, 2016 0

Trading activities on the Nigerian Stock Exchange (NSE) on Wednesday for the third consecutive day, remained on a downward trend with major blue chips equities recording price depreciation.The News Agency of Nigeria (NAN) reports that…

Business

Skye Bank shares surge 9% on positive news

Femi Famutimi Jul 20, 2016 0

Skye Bank of Nigeria received a huge boost when they surged to the top of the Nigerian Stock Exchange All-Share Index with trading in almost 58 million shares.Stocks closed up 9.1 percent to 72 kobo in Lagos which was their highest in…

Business

Skye Bank shares drop further by 8.42%

Owolabi Oluwasegun Jul 8, 2016 0

Skye Bank’s shares on Friday on the Nigerian Stock Exchange (NSE) dropped further by 8.42 per cent following investors continued reaction to removal of the bank's board and executive management.The Central Bank of Nigeria (CBN) removed…