NSE market capitalisation opens week with N37bn growth

Nigeria News News

NSE market capitalisation opens week with N37bn growth
Nigeria Latest News,Nigeria Headlines
  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion.

resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Okomu Oil, MTN Nigeria, Unilever Nigeria, Lafarge Africa and GlaxoSmithKline. Neimeth followed with a gain 9.72 per cent to close at 79k, while BOC Gases appreciated by 9.59 per cent to close at N4 per share.

Wapic Insurance dipped 6.25 per cent to close at 30k, while Transcorp shed 4.17 per cent to close at 69k per share.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court authorises change of ownership scheme for NSECourt authorises change of ownership scheme for NSEThe Federal High Court, Lagos, has granted an order authorising the scheme of arrangement for the Nigerian Stock Exchange (NSE) demutualisation
Read more »

Market sheds N99bn as profit-taking dips performance – Daily TrustMarket sheds N99bn as profit-taking dips performance – Daily TrustAt the close of trading on the Nigerian Stock Exchange (NSE) last week, the domestic equities market performed negatively as investors profit-taking in some blue chip stocks dipped the market’s value by N90.7 billion, resulting in the capitalisation level week-on-week to decline to N12.4 trillion. Similarly, year-to-date loss settled at 11.1 per cent, while the …
Read more »

Court authorises change of ownership scheme for NSECourt authorises change of ownership scheme for NSEThe Federal High Court, Lagos, has granted an order authorising the scheme of arrangement for the Nigerian Stock Exchange (NSE) demutualisation
Read more »

COVID-19: Sanwo-Olu sends message to markets, bus drivers over lockdown rulesCOVID-19: Sanwo-Olu sends message to markets, bus drivers over lockdown rulesThe Lagos State Governor, Babajide Sanwo-Olu, has commended residents in the state for the \u201cencouraging levels of compliance among open markets and non-food markets.\u201d Sanwo-Olu, speaking during a media briefing on Sunday, also disclosed that the state government was reviewing the phased lockdown relaxation for more businesses to open. He, however, expressed displeasure over non-compliance
Read more »

COVID-19: Sanwo-Olu to launch Register-to-Open in LagosCOVID-19: Sanwo-Olu to launch Register-to-Open in LagosGovernor Babajide Sanwo-Olu of Lagos State will roll out Register-to-Open to assess readiness of identified sectors for supervised operations
Read more »

15 Chinese medical experts are in our care — CCECC MD15 Chinese medical experts are in our care — CCECC MD“Right now, commercial flight to China is not open, but when flights are open again, we’re considering the team going back to China.”
Read more »



Render Time: 2025-03-26 06:57:39