All posts tagged "Nigeria Stock Exchange"

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  Nigerian Stock Exchange Watch: Market Begins Week With Positive Outlook

  The Bulls quickly took their positions as the week unfolded today. Strong performances recorded by some bluechip stocks pushed the market up by 0.67% to close at 21,091.36. The banking sub-sector witnessed the resurgence of UBA (+4.92%)...

  • Posted March 12, 2012
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  Central Bank Auctions $ 172 Million, All Share Index Down Marginally

  The Central Bank sold $172 million in its bi-weekly currency auction yesterday, short of the $200 million it had announced was available on its website. The shortfall is due to a lull in demand due to the...

  • Posted January 12, 2012
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  Stock Market Watch: Market Capitalization at N 6.5 trillion

  The Nigerian Stock Exchange started the session today with some upwards momentum, however the bourse succumbed to bearish resistance leading the ASI to shed 0.17% and close at 20,635.07 All tickers across the banking sub-sector fell in...

  • Posted January 4, 2012
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  Stock Market Recap: 2011 Was Year of the Bear

  STOCK MARKET RECAP: 2011, year of the Bear The Nigerian Stock Exchange in 2011 was the year of the bear. Undoubtedly the stock market held much potential at the onset of the year, with a lot hinging...

  • Posted January 1, 2012
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  Stock Market Watch: ASI Closes on the Up and Up

  The market put on an impressive performance today closing all the way in the green. The All Share Index was up a respectable 148 points to close at 20,420.23. The banking sector was all bull and no...

  • Posted December 21, 2011
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  Earnings Forecast: Red Star, CCNN, Presco & Oasis Insurance forecast Q1, 2012

  Several quoted companies released their earnings forecast on the Nigerian Stock Exchange today. They include: Company Revenue/Gross Premium Net Income Period Red Star Express Plc N 5.07 Billion N 427.45 Million Q1 2012 (March) Cement Company of...

  • Posted December 19, 2011
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  Nigeria Stock Exchange Lists First Gold-Backed Exchange Traded Fund Monday

  Nigeria’s bourse is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange’s range of products beyond equities and bonds, the stock exchange said on Friday. NewGold,...

  • Posted December 17, 2011
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  Stock Market Watch: Hurrahs as the market climbs over 20,000 threshold

  The Nigerian Stock Market closed the week on a very bullish note, in what is hopefully a sign of things to come for the hitherto battered market. The All Share Index inched up 1% or 100 basis...

  • Posted December 16, 2011
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  Stock Market Watch: ASI Closes Beneath 20,000 Threshold

  The Nigerian Stock Exchange buckled in daily trading following sell side pressure as the yuletide period closes in. The All Share Index shed 18 points closing below the 20,000 threshold at 19,967.84. Investors are making cash calls...

  • Posted December 1, 2011
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  Nigeria Stock Exchange: Activity Levels Pick Up As ASI Makes Marginal Gain

  The All Share Index recovered at most extreme marginal levels, gaining just a point in daily trading. The volume of shares traded today on the Nigerian Stock Exchange  appreciated by 70% hitting north of 300 million units...

  • Posted November 30, 2011
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