Stocks extended gains on Thursday with the Nigerian Stock Exchange All Share Index appreciating by 91.49 basis points or 0.34 per cent to close at 26,883.76 basis points after opening at 26,792.27 points. Similarly, the Market Capitalisation of listed equities of the NSE rose by N29bn to close at N8.567tn. […]
Tag: Market capitalisation
Analysts predict possible continuity of negative market trend
The negative trend witnessed in the capital market over the last two weeks may continue for a while, analysts have said. Major market indicators depreciated in the week ended November 2, with the NSE All-Share Index losing 316.52 points or -1.18 per cent to close at 26,559.55. The week had […]
Drop in capitalisation shouldn’t worry investors – Analysts
The slide witnessed in the stock market this week should not give investors cause to worry, analysts have said. The market capitalisation of listed equities of the Nigerian Stock Exchange had depreciated by N134bn between Monday and Wednesday, opening at N8.698tn on Monday and closing at N8.565tn on Wednesday. The […]
