Browsing: The Nigerian Stock Exchange

Equities market indices retreat as investors’  dump pricey stocks. There was a pullback in the market after trading session today. Investors dumped weighty and highly price stock dragged stock market indices

NSE equities market cap drops N39.1bn as sell-pressures hit banking stocks. Activities in the Nigerian Stock Exchange (www.nse.com.ng) resulted to decline in index on Monday as bear visits the local bourse after bullish run in the past weeks.

Investors’ fortune increase as stock market cap hit N15.3 trillion. Yet again, investors’ fortunes have increased on the back of an improved sentiment that has consistently resulted to shares appreciation on the floor of the Nigerian Stock Exchange (www.nse.com.ng) in January, 2020.

Yusuf Binji leads BUA Cement to emerge as third largest on NSE. This listing makes the cement company to emerge as third largest on the local bourse, thus pushed market capitalisation to N15.16 trillion.

NSE Discloses Results of Market Indices Review. The Nigerian Stock Exchange (NSE), the premier sustainable exchange servicing Africa’s largest economy, has announced the results of its annual full year market index review.

MTN Nigeria redeems $399.494 billion preference shares. MTN Nigeria Plc. has secured regulatory approval to redeem all 402, 590, 263 preference shares at $0.9925579.

Santa Claus rally: Equities investors gain N93.1 billion. The domestic equities market consolidates on Friday gains, posts a positive performance on Monday on the back of share appreciation in NESTLE (+2.8%), SEPLAT (+8.8%) and DANGCEM (+1.1%).

Stock Market Records 16% YTD Loss, Awaits Santa Claus Rally. On the back of the bearish performance that underscores trading activities on the floor of the Nigerian Stock Exchange in the year, the stock market year to date loss has reduced investors’ fortune significantly.

Dangote Cement Plc has initiated move to repurchase its own shares from the market as equities market condition worsen.

Equities investors gain N76. 7 billion as All-Share-Index grows 60 basis points. The performance of the equities market strengthened on Monday as equities investors gained N76.7 billion.