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Punch Newspapers Sections ’Femi Asu Investors in the nation’s stock market gained N60bn on Monday as Seplat Petroleum Development Company Plc and 30 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.33 per cent to close at 40,571.67 basis points on Monday from 40,439.85bps on Friday. The market capitalisation of listed equities increased by N60bn to N21.22tn from the N21.16tn at which it closed last week. The top five gainers at the end of trading on the floor of the NSE on Monday were Seplat, Japaul Gold & Ventures Plc, Mutual Benefits Assuran...
The market capitalisation which opened at N21.224 trillion shed N40 billion.
Nigerian Stock Exchange (NSE) As investors worry over the continuous uptick in yields in the fixed income market, negative sentiments persisted on the Nigerian Stock Exchange (NSE) for the second consecutive week, causing the All-Share Index (ASI) and market capitalisation to fall by 3.04 per cent to close last week at 40,439.85 and N21.156 trillion respectively. Performance in the stock market ended southwards following losses recorded four trading sessions. All other indices finished lower except NSE Growth Index which rose by 0.42 per cent while the NSE ASeM and NSE Sovereign Bond Indices ...
Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks.