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Nigerian Stock Exchange The Nigerian Stock Exchange (NSE) commenced trading for the week on a downward note, following losses recorded by bellwethers, causing market capitalisation dipped further by N75 billion. At the close of trading yesterday, the All-Share Index (ASI) decreased by 144.78 absolute points or 0.35 per cent to close at 41,564.31 points. Similarly, the overall market capitalisation shed N75 billion to close at N21.744 trillion. The downturn was impacted by losses recorded in large and medium value stocks, including Guaranty Trust Bank, PZ Cussons Nigeria, Flour Mills of Niger...

The Nigerian Stock Exchange began trading for the week on Monday with a loss of 0.35 per cent as a result of persistent profit-taking.Specifica...

Punch Newspapers Sections ’Femi Asu Investors lost N30bn on Monday as the Nigerian stock market started the month on a negative note amid profit-taking, ending a five-day gaining streak. The market capitalisation of equities listed on the Nigerian Stock Exchange had risen by 3.44 per cent last week as the market continued its upward trend for five consecutive trading sessions. Investors gained over N1tn in January as the market capitalisation rose to N22.19tn on Friday from N21.06tn at the start of the month. The NSE All-Share Index, however, dropped by 0.13 per cent on Monday to 42,357.90 ...

Lagos, Jan. 21, 2021 Trading on the Nigerian Stock Exchange returned to bearish posture on Thursday with the market indices losing 0.12 per cent following profit taking in Dangote Cement and Axa Mansard. Specifically, the All-Share Index dipped 48.57 points or 0.12 per cent to close at 41,099.15 from 41,147.72 recorded on Wednesday. Accordingly, month-to-date and year-to-date returns moderated to 2.1 per cent. Also, the market capitalisation dropped N26 billion or 0.12 per cent to close at N21.499 trillion against N21.524 trillion recorded on Wednesday. The market loss was driven by price de...

Accordingly, month-to-date and year-to-date returns moderated to 2.1 per cent. Also, the market capitalisation dropped N26 billion or 0.12 per cent to close at N21.499 trillion against N21.524 trillion recorded on Wednesday. The market loss was driven by price depreciation in large and medium capitalised stocks amongst which are MRS Oil Nigeria, Cadbury Nigeria, Flour Mills, Dangote Cement and Guinness. Market sentiment closed negative with 50 losers, relative to 14 gainers. Chams and Prestige Assurance led the losers’ chart in percentage terms, losing 10 per cent each to close at 27k and 5...