NSE maintain bullish trend, investors networth rallied by N191bn
The Nigerian Stock Exchange (NSE) sustained bullish trend on Friday with the market capitalisation rising further by N191 billion due to Nestle gain. Specifically, the market capitalisation which opened at N11.754 trillion rose by N191 billion to close at N11.945 trillion. Also, the All-Share Index which opened at 22,554.84 grew by 366.75 points or 1.63 […]
NSE gets SEC’s nod for final stages of becoming a public entity
The Nigerian Stock Exchange NSE has gotten the Securities and Exchange Commission, SEC’s final clearance to proceed to the final stages that will transform the Exchange to a public entity, otherwise known as demutualisation process.
Stock market posts biggest daily gain in 1yr, rises N471bn
The Nigerian Stock Exchange, NSE, yesterday recorded its biggest daily gain since December 2018, as the value of listed stocks (market capitalisation) rose by N471 billion.
Trading sustains upward trend on NSE, market capitalisation crosses N13trn mark
The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading day of 2020. Specifically, the market capitalisation rose by N49 billion to close at N13. 019 trillion against N12. 970 trillion on Thursday. Similarly, the NSE All-Share index inched 101 points […]
Merger: NSE suspends trading on shares of CCNN
THE Nigerian Stock Exchange, NSE, has placed the shares of Cement Company of Northern Nigeria (CCNN) on full suspension ahead of its merger with Obu Cement. The merger with Obu Cement, both subsidiaries of Bua Group, would create Nigeria’s second largest cement producer.
NSE: Operators foresee positive performance in 2020
Operators have expressed optimism that the nation’s bourse will witness a positive performance in 2020 due to low-interest rate in money market instrument and early passage of the budget.
Demutualisation of NSE will provide multiple income, options for dealers – ASHON boss
SECURITIES dealers have expressed their readiness for the take-off of the demutualisation of the Nigerian Stock Exchange, NSE, stressing that it will give them multiple income streams and options to trade.
All-Share Index drops 0.16% at NSE
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 close at 26,660.44. Similarly, the market capitalisation shed N16 billion or 0.13 per cent to […]
NSE: market capitalisation sustains upward posture, up N65bn
Trading on the Nigerian Stock Exchange (NSE) sustained positive trend on Thursday for the second consecutive day.
NSE set to make Nigeria hub for home-grown technology
The Nigeria Society of Engineers (NSE) has said it is set to make Nigeria the hub of home-grown technology and industrialization in the nearest future.
NSE indices record first gain in December, up 0.19%
The Nigerian Stock Exchange (NSE) on Wednesday recorded the first gain in December with the crucial market indices appreciating by 0.19 per cent. Specifically, the All-Share Index increased by 49.79 points or 0.19 per cent to close at 26,434.00 compared with 26,384.21posted on Tuesday. Also, the market capitalisation which opened at N12.734 trillion rose by […]
