The Market Capitalisation of listed equities on the Nigerian Stock Exchanged shed N101bn last week despite a rally by stocks in the last three trading sessions. The market had opened the week negative with the key indices retracting by -0.41 per cent. After falling by N35bn on Monday, the negative […]
Tag: NSE All-Share-Index
Major losses drag down indices by 0.3%
Major losses recorded by companies on the Nigerian Stock Exchange on Thursday further dragged down market indicators at the close of trading. This was compounded by huge sell-offs which continued to depress indices as they fell marginally. Fidson Plc lost the highest, falling by 9.7 per cent or 13 kobo […]
Nigeria’s Market records +2.85% gains to close the week
The market closed on a positive note this week as the NSE All-Share Index advanced from 22,110.91 to 22,741.06, a 285bps cumulative increase. · H1 results announced by some banks, during the week, spurred buying sentiments, leading to cumulative gains of 8.3% from Diamond Bank and 5.6% from UBA; […]
