Tag Archives: NSE

Stocks Gain N53bn On Continuing Demand

By Nse Anthony-Uko (Sundiata Finance) — The Nigerian equities market maintained its bullish trend, yesterday as investors gained N53 billion on continuing demand. In summary, the All-Share Index (ASI) rose by 153.65 absolute points, representing an increase of 0.47 per cent to close at 32,981.63 points. Similarly, the market capitalisation gained N53 billion, to close at N11.367 trillion. The uptrend ...

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Equities Market Gains N54bn On Banking, Consumer Goods Stock

By Nse Anthony-Uko (Sundiata Finance) – The Nigerian equities market, opened the week on a positive note with a gain of N54 billion on Monday, owing to sustained buying interest in blue-chip Banking and Consumer Goods stocks. In summary, the All Share Index (ASI) gained 155.43 absolute points, representing a growth of 0.48 per cent to close at 32,614.60 points. ...

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Non-Submission of Accounts: NSE Suspends 17 Firms From Trading By Nse Anthony-Uko (Sundiata Post) – Trading in the shares of 17 companies listed on the Nigerian Stock Exchange (NSE) have been suspended by the NSE management. The firms received the suspension following their failure to file relevant accounts to the stock market regulator as required by law. The affected companies ...

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NSE Gain N18bn As Stocks Halt 3-Day Losing Streak

By Nse Anthony-Uko ABUJA, (Sundiata Finance) – Local equities rebounded on Thursday on resumed bargain hunting activities, putting an end to the four-day losing streak at the stock market. The All-Share Index (ASI) and market capitalisation, accelerated by 0.16 percent to leave investors smiling for the first time this week. While the ASI added 52.46 points to close at 32,354.78 ...

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Stock  Market Maintains Trend As  ASI Drops 0.33%

By Nse Anthony-Uko (Sundiata Finance) – The equities market continues downtrend as the All Share Index decreased by 0.33% to close 32,302.32 points compared to Tuesday’s closing rate of at 32,410.20 points Additionally, market capitalization dropped by N37 billion to close at N11.133 trillion compared to Tuesday’s closing rate of N11.170 trillion. Its Year-to-Date (YTD) returns currently stands at 20.2 per cent. Today’s trading ...

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May & Baker Emerges Best Performing Stock On NSE In H1

By Nse Anthony-Uko (Sundiata Finance) — May & Baker Plc has emerged t h e b e s t performing stock, in percentage terms, on the Nigerian Stock Exchange (NSE) for the irst half year ended June 30, 2017. Data obtained from the NSE for the period under review showed that the equity rose by 312.77 per cent to close ...

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Banking Shares Lose As Etisalat Gets New Board, Management

By Nse Anthony-Uko (Sundiata Finance) – The shares of major lenders to Etisalat declined on Tuesday on the Nigerian Stock Exchange (NSE) as the telecom company announced a new management and board. The consortium of 13 Nigerian banks, the Central Bank of Nigeria (CBN) and Etisalat shareholders, appointed the new board of directors to continue the operations of the telecommunications ...

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10 Stockbroking Firms Control 47.29% Equities Transaction In H1

By Nse Anthony-Uko (Sundiata Finance) – Ten stockbroking firms operating on the floor of the Nigerian Stock Exchange (NSE) accounted for 47.29 per cent in the first half of the year.  Most quoted equities closed the first half of the year at their four-year best performance with double-digit returns. Most investors saw their portfolios rising by almost a quarter, while others ...

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Equities Market Begins July On Bullish Trend

By Nse Anthony-Uko (Sundiata Finance) – The Nigerian equities market, on Monday, opened the month of July and also the week with a 1.05 per cent decline. Overall, the All Share Index (ASI) declined 347.68 absolute points, representing a decline of 1.05 per cent to close at 34,135.10 points. Similarly, the market capitalisation gained N120 billion, to close at N11.332 ...

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