The Nigerian stocks market last week closed in positive territory as investors sentiment strengthened, resulting in across-the-board gains ahead of the February elections. Hence, the overall market performance measure, All-Share Index (ASI), rose by 893.56 points or 2.93 per cent to close at 31,529.92 points. Similarly, market capitalisation up by N334 billion to N11.758 trillion. […]
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Stocks Market Gains 1.98%, Returns YTD Performance Back To PositiveThe Nigerian stocks market yesterday posted a gain of 1.98 per cent, its best performance so far in 2019, to further extend bullish trend to five consecutive trading days and return the year-to-date (YTD) performance to positive after seven months of being negative. The All Share Index (ASI) gained 611.69 absolute points, representing a growth […]
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Gains by Banking Stocks Sustain Equities Market Rally - THISDAYLIVEGoddy Egene Gains recorded by Stanbic IBTC Holdings Plc, FBN Holdings Plc, Access Bank Plc, GTBank Plc and Beta Glass Plc helped to sustained the positive performance of the stock market yesterday. After declining the previous week due to profit taking, the market opened the week on positive note on Monday, rising by 0.35 per …
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All-Share Index Rises Further on Sustained Bargain Hunting - THISDAYLIVEGoddy Egene Sustained bargain hunting in bellwethers lifted the Nigerian Stock Exchange (NSE) All-Share Index by 0.16 per cent to close at 30,821.80 yesterday. In a similar vein, market capitalisation added N18 billion to close at N11.49 trillion. With the yesterday’s positive performance, the market has thus recorded three days of gains since Monday. According …
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Chidoka: Stock Market Decline Offers Entry Opportunity - THISDAYLIVEThe Managing Director/Chief Executive Offier of Kairos Capital, Mr. Sam Chidoka, in this interview speaks about plans of the firm which was recently granted an issuing house licence by the Securities and Exchange Commission. Oluchi Chibuzor presents the excerpts: What is your unique selling point? We are confident. We are absolutely very confident. Personally, I …
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Nine Killed In Somali Market Car Bombing – Channels Television
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Oil edges up as market eyes tighter supplyThe global economic outlook and prospects for growth in fuel demand have been clouded by poor economic data in China and U.S.-China trade tensions.
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