Stock Market – Page 10 – City Business News

November 17, 2020 No Responses

Market Capitalisation Loses N279b

For the second consecutive days on Tuesday,transactions on the Nigerian Stock Exchange (NSE) closed southward with market capitalisation dropping N279 billion on continuous profit taking. The market capitalisation dipped N279 billion or 1.53 per cent to close at N17.892 trillion against N18.171...

November 14, 2020 No Responses

NSE Reiterates Commitment To Provide Quality Market Data

The Nigerian Stock Exchange (NSE) has reiterated its commitment to provide quality market data to help investors make informed and healthy investment decisions. Chief Executive Officer of the NSE, Mr Oscar Onyema, made the assertion during the Market Data Work...

November 12, 2020 No Responses

Renewed Interest In NB, Presco, MTN As Investors Gain N1.18tr In Three Days

The Nigerian Stock Exchange (NSE) on Wednesday extended its bullish run for the third consecutive day with investors net worth appreciating further by N324 billion. Specifically, the market capitalisation inched higher by N324 billion or 1.90 per cent to...

November 11, 2020 No Responses

NSE Market Capitalisation Hits N17trillion

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to close at ...

November 4, 2020 No Responses

WAPIC Insurance, ABC Top Gainers’Table As Market Capitalisation Crosses N16tri

The bulls on Tuesday regained dominance on the Nigerian Stock Exchange (NSE) with the market capitalisation crossing N16 trillion mark. Specifically, the market capitalisation increased by N132 billion or 0.83 per cent to close at N16.063 trillion ag...

October 21, 2020 No Responses

Market Capitalisation Attains N4b Growth

The Nigerian Stock Exchange (NSE) market indices on Tuesday recorded a marginal growth of 0.03 per cent following gains by Zenith Bank and 22 other equities. Specifically, the market capitalisation which opened at N14.979 trillion inched higher by four billion...

September 21, 2020 No Responses

SEC: Digital Assets Classification Aimed At Investor Protection

The Securities and Exchange Commission (SEC) has said that the recently released SEC Statement on Digital Assets and their Classification and Treatmen is aimed at boosting investors’ protection in the capital market.Emomotimi Agama, Head, Registration, Excha...

September 8, 2020 No Responses

Naira Closes at N435 To Dollar At Parallel Market

The Naira on Monday gained N5 to close at N435 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at N575 and N515, respectively. At the Bureau De Change window, the Naira traded...

August 26, 2020 No Responses

Nigeria stock market defies Q2 GDP, up by N33b

Trading on the Nigerian Stock Exchange (NSE) on Tuesday sustained upward posture, in spite of a negative Gross Domestic Product (GDP) recorded in the second quarter of 2020. Speficially, the market capitalisation increased further by N33 billion or 0.25 per...

August 13, 2020 No Responses

MTN Nigeria Lifts Market Indices Further By 0.38 Per Cent

Transactions maintained upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains. Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with...

July 17, 2020 No Responses

Ikeja Hotel, Presco, Others Top Gainers’ Table As Market Capitalisation Recover N105b

The Nigerian Stock Exchange (NSE) on Thursday maintained positive sentiments with the market capitalisation advancing by N105 billion, the biggest gain since June 26. Specifically, the market capitalisation appreciated by N105 billion or 0.83 per ce...

July 9, 2020 No Responses

NSE Cautions Investors On Shares Of Medview Airline,DN Tyre, Union Homes, Others

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation. The News Agency of Nigeria (NAN) reports that the affected companies include Aso...

June 13, 2020 No Responses

FBN Insurance Records N37.63bn Premium In 2019

For the year 2019, FBN Insurance Limited recorded N37.63 billion Gross Premium Written (GPW), an increase of 45 per cent when compared to N25.98 billion achieved in 2018. The company in a statement explained that the audited annual report was...

May 31, 2020 No Responses

Stockbrokers Implore Nigerians On FG’s N150b Sukuk

The Chartered Institute of Stockbrokers (CIS) has urged Nigerians to support the Federal Government’s growth initiatives by subscribing to its N150 billion Sukuk. The N150 billion Sukuk, a profitable financial instrument presently on sale to the investing pu...