Tag Archives: NSE

Nigerian Stocks Gain Over N390bn In 2 Days

By Nse Anthony-Uko (Sundiata Finance) – Nigerian stocks on Thursday rallied for the second day with record increase of N396billion as value stocks gained ahead of their half-year earnings release. The Year-to-Date (Ytd) return stood at 23.80percent as the Nigerian Stock Exchange (NSE) All Share Index (ASI) appreciated from week open level of 32,122.14 points to Thursday’s level of 33,269.84 ...

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Domestic Investors Take Shine Off Foreigners On Nigerian Bourse

By Nse Anthony-Uko (Sundiata Finance) – Domestic investors outperformed foreign investors in May, accounting for 53.70 per cent of equities transactions while foreign investors accounted for 46.30percent. The institutional composition of the domestic market increased significantly by 272.33percent from N18.25billion recorded in April to N67.95billion in May 2017. The retail composition also increased by 199.08percent from N14.20billion to N42.47billion within ...

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Dangote Cement, Julius Berger, Nestle, 34 Others Push Stock Market Up By 1.88%

By Nse Anthony-Uko (Sundiata Finance) – The Nigerian equity market, yesterday gained 1.88 per cent extending uptrend to two trading sessions on gains recorded majorly by Dangote Cement, Julius Berger and Nestle Nigeria. The All Share Index (ASI) gained 612.54 absolute points, representing a growth of 1.88 per cent to close at 33,269.84 points. Similarly, the market capitalisation gained N212 ...

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Stock Investors Lose N585bn In 1 Week

By Nse Anthony-Uko, (Sundiata Finance) – Stock investors at the Nigerian bourse lost about N585billion in the trading week to June 23 as the review week closed with Market Capitalisation at N11.107trillion, down from a record high of N11.692trillion at week open. Research analysts believe that the loss was due largely to intermittent profit-taking as some stocks were put on ...

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Stocks Market Halts Bullish Run, Dips By 2.61%

By Nse Anthony-Uko (Sundiata Finance) — The Nigerian stocks market, on Wednesday, shed 2.61 per cent, ending prior five day bull-run due to profit taking in highly capitalised stocks. In summary, the All Share Index (ASI) shed 897.71 absolute points, representing a decline of 2.61 per cent to close at 33,477.89 points. Similarly, the market capitalisation shed N311 billion, to ...

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Seplat, Nestle, 7UP Push Equities Market Up By 0.77%

LAGOS, (Sundiata Finance) — Seplat Oil, Nestle and Seven Up, among others, on Thursday pushed the equities segment of the Nigerian Stock Exchange (NSE) northward when they recorded significant appreciation in their share prices. In summary, the All Share Index (ASI) gained 251.26 absolute points, representing a growth of 0.77 per cent to close at 32,937.98 points. Similarly, the market capitalisation ...

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