Stock Market – Page 12 – City Business News

January 31, 2020 No Responses

Market Capitalisation Drops By N41b

Transactions on the Nigerian Stock Exchange(NSE) on Thursday maintained downward trend for the fourth consecutive trading day with the market indicators extending its losing streak by 0.27 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation...

January 30, 2020 No Responses

Market Capitalisation Drops Below N15tri Mark

The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday dropped to N14 trillion mark due to persistent profit taking. Specifically, the market capitalisation which opened at N15.132 trillion shed N138 billion or 0.91 per cent to close at...

January 18, 2020 No Responses

NSE Sustains Growth With N114billion

The Nigerian Stock Exchange (NSE) All-Share Index on Friday rose by 0.90 per cent in spite of rise in inflation rate recorded in December 2019. The News Agency of Nigeria (NAN) reports that the index rose by 265.39 points or...

January 14, 2020 No Responses

NSE Projects Outlook For 2020

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema on Monday presented the key performance of the Exchange in 2019 and gave a prognosis for the market in the New Year 2020. Speaking at the event titled: 2019...

January 13, 2020 No Responses

SEC Boss: Market Regulation Now More Efficient with Technology

Regulation of the market in a technology driven era is now more efficient, Acting Director General, Securities and Exchange Commission (SEC), Ms. Mary Uduk has said According to Uduk, the Agency is stepping up use of Technology in regulation to...

January 10, 2020 No Responses

BUA Cement Emerges Third Largest Listed Firm On NSE

BUA Cement Plc on Thursday emerged the third largest company on the Nigerian Stock Exchange (NSE) with the listing of 33.86 billion ordinary shares at N35 per share. The development added N1.18 trillion to the NSE market capitalisation. Speaking on...

January 3, 2020 No Responses

NSE Resumes 2020 With 0.10 Per Cent Growth

The Nigerian Stock Exchange (NSE) resumed trading for 2020 on a positive trend with the benchmark index appreciating by 0.10 per cent following investors’ interest in MTN Nigeria stock. Specifically, the All-Share Index which opened trading for the year on.....

December 25, 2019 No Responses

Nigeria’s Stock Market Ends 2019 In Red

By Chinyere Joel-Nwokeoma (NAN) — With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed,...

December 18, 2019 No Responses

Market Capitalisation Drop By N16billion

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent. The News Agency of Nigeria (NAN) reports that the index, which opened at 26,695.18, lost 34.74 points or 0.13 per cent to...

December 13, 2019 No Responses

Presco Tops Gainers’ Table As Market Capitalisation Recovers N65billion

By Moses Ebosele, eboele@hotmail.com Transactions on the floor of Nigerian Stock Exchange (NSE) sustained positive trend on Thursday for the second consecutive day. At the end of trading for the day, the market capitalisation increased further by N65 bil...

December 5, 2019 No Responses

NSE All-Share Index Down By 0.02%

Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The News Agency of Nigeria (NAN) reports that the All-Share Index dropped marginally by 0.02 per cent due to sell-off in...

December 4, 2019 No Responses

Market Capitalisation Drops Further By N22b

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped further on Tuesday with a decline of 0.17 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N22 billion or 0.17 per cent to...

December 1, 2019 No Responses

Adebayo: NSE’s Interactive Session For Consumer Goods Sector Timely, Commendable

It is indeed my singular honour and privilege to address you at this CEO Interactive Session for the Consumer Goods Sector, a programme put up by the Nigerian Stock Exchange (NSE). This event is timely at this stage of our...

September 6, 2019 No Responses

NSE Downgrades Oando Plc

The Nigerian Stock Exchange (NSE) has announced the reclassification of Oando Plc from Medium Priced Stock to Low Priced Stock effective Thursday, September 5, 2019. According to NSE, this is in compliance to Rule 15.29: Pricing Methodology, Rulebook of ...