Capital Market

Nigerian Stocks Opens Week Bearish, ASI Down 2.64% on Profit-Taking

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- The Nigerian equities market on Monday  opened the week on a bearish note, following profit-taking across major counters; with the benchmark index down 2.64 percent close at 29,840.23 points, while market capitalisation fell by N278.00 billion to N10.25 trillion. “Today’s activities pared the Month-to-Date […]

Nigerian Stocks Gain 4.79% Week-on-Week amid Global Stocks Decline on Brexit

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on a positive note as the benchmark index and market capitalisation appreciated by 4.79 percent to close the week at  30,649.66 and N10.527 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception […]

Nigerian Stocks Hit 9-Month High, ASI Climbs to 31,000 Basis Points

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday posted its third successive gain following sustained buying interest across major counters as the all share index (ASI) hit a 9-month high and rose to 3.13 percent to close at 31,071.25 points. As the Nigerian equities market […]