By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSE ASI) slipped deeper 0.04 percent into the red zone to close at 24,639.39 points, while market capitalisation declined by N3.41 billion to N8.48 trillion. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 2.63 percent and 13.98 percent respectively,” […]
Tag: Dangote Cement Plc
Unrelenting Bears Plummet NSE 2.86% on MSCI Index Reaction
By InvestAdvocate Lagos (INVESTADVOCATE)-Unrelenting bears on Monday pulled down the Nigerian Stock Exchange (NSE) as all-share index (ASI) dipped 2.86 percent to close at 24,649.39 basis points, while market capitalisation sank by N233.45 billion to N8.48 trillion. “Today’s poor performance reflects market reaction to the potential exclusion of Nigerian equities […]
Nigeria may be Excluded from the MSCI Frontier Market Index
April 8, 2016/Cordros MSCI Inc. (“MSCI”), released a statement this morning, wherein it mentioned that as a result of the deterioration of foreign exchange market liquidity in Nigeria, it was closely monitoring the situation in the country with regards to market accessibility ahead of its upcoming Semi-Annual Index Review in May […]
