The Nigerian equities market sustained its southwards trend as investors sold off their shares following President Muhammadu Buhari’s re-election. The fall in overall market performance was despite the positive results and increased dividend pay-out by Dangote Cement Plc. Hence, the main market index, NSE-ASI, fell by 688.28 points or 2.12 per cent to close at […]
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Equities Market Records Losses W-o-W, As ASI Down 0.61%The Nigerian equities market closed with a loss of 0.61 per cent last week following three trading sessions of profit taking. At the start of the week, investors reacted negatively to the postponed presidential election before recalculating the political risk and subsequently re-positioning in bellwethers on Tuesday. Stock market analysts anticipated the market to maintain […]
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5 Quoted Companies List N55bn Corporate Bonds On NSE, FMDQIn accessing stable long-term finance to fund their key activities, five quoted companies on the Nigerian Stock Exchange (NSE) have raised and listed a total amount of N55.965 billion corporate bonds on the equities market and FMDQ OTC Securities Exchange. The companies, which are Flour Mills of Nigeria, Union Bank of Nigeria (UBN), C&I Leasing, […]
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NSE Market Capitalisation Decreases Further By N196 Bn On Election OutcomeTrading on the Nigerian Stock Exchange (NSE) on Thursday continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to close below N12 trillion mark in February. It was gathered that the market capitalisation for last trading day in February shed N196 billion or 1.63 per cent […]
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Presidential election: NSE capitalisation loses N85 bn in six hours - Vanguard News NigeriaThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of presidential poll.
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Newrest ASL Nigeria Opts for Voluntary Delisting from NSE - THISDAYLIVEBy Goddy Egene The number of companies listed on the Nigerian Stock Exchange (NSE) will further reduce as Newrest ASL Nigeria Plc has applied for voluntary delisting from the exchange. Newrest ASL Nigeria Plc has through its Stockbroker, Helix Securities Limited, submitted an application for voluntary delisting of the entire 634million ordinary shares of the company from the exchange. …
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Presidential Result: NSE capitalisation loses N85bn in six hours
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Presidential election: NSE capitalisation loses N85 bn in six hours – Daily TrustThe market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as result presidential poll. Specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion.ADVERTISEMENT Also, the All-Share Index lost 226.30 points …
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NSE: Market Indices Open March With 0.34% GrowthTransactions on the Nigerian Stock Exchange (NSE) opened for the month of March on a positive trend, after declining for three consecutive days. The News Agency of Nigeria (NAN) reports that the crucial market indices rebounded by 0.34 per cent with Nestle leading the gainers’ pack. Specifically, the All-Share Index inched 108.54 pointed or 0.34 […]
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Foreign investors’ selloffs trigger NSE loss of N194bn – Daily TrustThe local bourse continued its bearish run at the close of trading, yesterday, as investors lost N194.8bn forcing the market capitalisation to reduce to N11.8trillion. The All Share Index (ASI) declined 1.6% to close at 31,721.76 points dragged by sell offs in GUARANTY (-6.9%), NESTLE (-2.0%) and ZENITH (-4.0%). Consequently, Year To Date (YTD) gain …
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NSE Organises Fixed Income Trading WorkshopIn line with its commitment to improve the capacity of its members and enhance investors’ participation in the Fixed Income Market, the Nigerian Stock Exchange (NSE) said it will organise a fixed income workshop. The workshop, which will be holding on March 4, 2019, in Lagos will bring together about 200 stockbrokers, dealing members and […]
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