All posts tagged "nigerian stock exchange"

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  Nigerian Stock Exchange Watch: Market Continues Positive Trajectory, Capitalization at N 6.6 Trillion

  The All Share Index gained 0.41% today closing at 20,934.47, inching towards the psychological 21,000 mark. The performance of the bourse was driven largely by the continued rally in the banking sector as well as a marginal...

  • Posted April 4, 2012
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  Nigerian Stock Exchange Watch: Market Plummets Further due to Blue Chips Decline

  The Nigerian Stock Exchange plummeted further in trading today, compounding on yesterday’s losses due to selling pressure on several bluechip stocks including the bourse’s juggernaut, Dangote Cement. The banking sub-sector was skewed largely towards the bears as...

  • Posted March 15, 2012
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  Nigerian Stock Exchange Watch: ASI Boosted by Dangote Cement’s Gain

  The stock market appreciated further today based on gains from the market’s most capitalized equity, Dangote Cement. The All Share Index advanced by 0.65% to close at 21,227.98. The Banking sub-sector was predominantly bearish as selling pressure...

  • Posted March 13, 2012
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  Nigerian Stock Exchange Watch: UBA’s Performance Leaves Analysts Dumbfounded as Market Rallies

  The market rebounded today after four consecutive days of trading in the red; the All Share Index was up 0.35% to close at 20,193.40. The banking sub-sector came out swinging as the bulls pummeled the bears (9...

  • Posted March 1, 2012
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  Respite for NSE as Market Makers to Commence Activities in March

  Respite may be on the way for equity investors as the CEO of the Nigerian Stock Exchange has announced that ten companies have been given the nod to commence operations as market makers next month. The Nigerian...

  • Posted February 29, 2012
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  Nigerian Stock Exchange Watch: Market Cap Sheds N72 Billion

  The market fell for the second consecutive day due to the activities of profit-takers, compounded with huge losses in blue chip, highly capitalized stocks such as Nigerian Breweries (-4.99%) and First Bank (-5%). The All Share Index...

  • Posted February 28, 2012
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  Nigeria Stock Exchange Watch: Bearish Sentiments Linger as Market Spirals Downwards

  Selling pressure contributed to ensuring the market continued its downward spiral for the third consecutive day in a row. The Nigerian Stock Exchange shed 0.3% in today’s trading causing the All Share Index to settle at 20,631.38....

  • Posted February 9, 2012
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  Nigerian Stock Exchange Watch: ASI Reverses Losses, Switches to Drive Mode

  The Nigerian Stock Exchange has switched to drive mode, reversing on losses as it closed in the green after today’s session. The All Share Index gained 13 points today to close at 20,625.56, bringing the weekly performance...

  • Posted January 26, 2012
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  Nigerian Stock Exchange Watch: Market Retreats Marginally

  The Nigerian Stock Exchange retreated from its gains yesterday as the All Share Index declined by 0.35%. The Index closed at 20,997.88, driven by a bearish outing from the breweries sub-sector. Guinness and Nigerian Breweries shed 3.19%...

  • Posted January 18, 2012
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