SEC warns against infractions in capital market
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has stated that the Commission will enforce the full extent of the law against individuals and entities that engage in activities that violate established regulations in the capital market.
Lingering jitters in global markets expose NSE to more sell-offs
The Nigerian stock market may face further sell-offs in the coming weeks following the lingering crisis in the global economic space, investment experts have said.
Shareholders suggest leeway to boost retail investors’ confidence
Against the backdrop of the lull in the equities market and sell-off by foreign portfolio investors, FPIs, domestic retail investors have urged the regulatory bodies to pursue stabilisation policies that will attract and sustain investors’ confidence in the market.
Positive investors’ sentiment lifts stock market by 0.28%
Positive investors’ sentiment on the stock market on Tuesday lifted the Nigerian Stock Exchange, NSE All Share Index higher, ASI by 0.28 percent to close at 34,933.68 points, compared, with the depreciation of 0.03 percent recorded on Monday.
Investors’ losses in the stock market hit N643bn
Capital market operators, under the aegis of Association of Stockbroking Houses of Nigeria (ASHON) have decried the volatility in the stock market which has led to loss of over N701 billion or 5.2 percent of investors’ investment for the eight month period ended August 29, 2018, blaming it on heated political environment.
Gains resurfaced in stock market as NSE Index rises by 0.58%
Trading on Nigerian Stock Exchange, NSE closed on a positive note on Tuesday, with the All Share Index appreciating by 58 basis points, bps or 0.58 percent to close at 35,516.21 points compared with 35,311.36 recorded on Monday.
Profit taking drags down NSE Index by 0.32%
The equity market on the Nigerian Stock Exchange, NSE on Monday was bearish, with the All Share Index closing lower by 0.32 percent to 35,311.36 points, as profit taking by investors in the shares of Dangote Cement drag down the Industrial Goods Index.
Bargain hunters push stock market up by 1.57%
The bulls resurfaced in the Nigerian equity market on Thursday, with the Nigerian Stock Exchange, NSE All Share Index, ASI closing higher by 1.57 percent to 35,206.16 points, as investors hunted bargains in Dangote Cement’s shares.
RAK Unity Petroleum shareholders okay 10k dividend
Shareholders of RAK Unity Petroleum Company Plc have unanimously endorsed the proposal by its Board of Directors to pay a dividend of 10 kobo per share for the financial year ended December 31, 2017.
NSE: Bears dominate as stock market hits 52 weeks low
The equity market closed lower on Thursday as the bears continued to dominate market, with the Nigerian Stock Exchange, All Share Index, ASI shedding further, by 1.3 percent to close at 34,618.43 points, thus hitting its 52-week low.
Stock market down by 0.62% as bearish sentiment persists
The Nigerian Stock Exchange, NSE All Share Index (NSE ASI) depreciated further on Wednesday by 0.62 percent to close at 35,069.34 points, compared with the depreciation of 0.35 percent recorded yesterday.
