All posts tagged "nigerian stock exchange"
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Nigeria Stock Market capitalisation increases by N63bn
Weekly transactions on the Nigerian Stock Exchange opened on a positive note on Monday as some major blue chips recorded price gains. The All-Share Index, which opened at 33,313.48, appreciated by 198.15 points or 0.59 per cent...
- Posted February 13, 2013
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SEC appoints First Bank as lending agent for NSE’s transactions
The Securities and Exchange Commission (SEC) may have appointed First Bank of Nigeria as a Securities Lending Agent (SLA) for equities and bond transactions on the Nigerian Stock Exchange (NSE). With the appointment, First Bank has joined...
- Posted February 12, 2013
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Regulators Must Do More To Increase Domestic Investors Confidence – Experts
The Progressive Shareholders Association Of Nigeria (PSAN) has called on regulators to do more to increase the activities of domestic investors in the Nigerian Stock Exchange. The shareholders group lamented the huge influx of foreign investment on...
- Posted January 28, 2013
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FG Must Create Enabling Environment For IPOs – NSE CEO
The CEO of the Nigerian Stock Exchange, Oscar Onyema, has stated that the market capitalizastion of the Nigerian market will increase if government creates an enabling environment for initial public offerings to return to the exchange. He said to...
- Posted January 26, 2013
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Nigeria Stock Exchange Watch: ASI (+0.46%) Climbs Despite Barrage Of Profit Taking
The All Share Index climbed 46 basis points in a surprising turn of events. The positive performance was unexpected due to the barrage of profit taking activity that visited the market today. The selling activity brought the...
- Posted January 22, 2013
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Equities Expected To Fall Further As Investors Take Profits
The All Share index which shed 0.34% in yesterday’s trading is expected to continue to slide over the course of the week due to the activities of profit takers. The ASI which gained about 10% year-to-date by...
- Posted January 22, 2013
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Nigerian Stock Exchange Watch: ASI (-0.27%) As Profit Takers Swarm
The Nigerian Stock Exchange tumbled in the day’s trading as the All Share Index dropped 27 basis points. The banking sub-sector saw predominantly bearish activity as more top tiers declined. GTBank (-1.45%), Zenith Bank (-1.79%), and UBA...
- Posted January 21, 2013
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Equity Market ‘Too Big To Be Ignored By Foreigners’ – Onyeama
The Nigerian Stock Exchange recorded inflows of over $4.5 billion inflow from foreign investors in the first eleven months of 2012. So far this year, the market’s capitalization has appreciated by over N700 billion. Analysts and observers...
- Posted January 21, 2013
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Dangote Cement, Oando And Transcorp Join Market Maker Stocks
The Nigerian Stock Exchange has added the stocks of Dangote Cement, Oando Plc and Transcorp unto the list of market making stocks in the country. The addition of the three companies brings the total tally of market...
- Posted January 19, 2013
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Nigeria Stock Exchange Watch: ASI (+1.99%) As Market Cap Approaches N10 trillion
The Nigerian Stock Exchange All Share Index gained 199 basis points in today’s trading bringing the year-to-date performance of one of the world’s best performing markets to 10.14%. The market capitalization of the bourse also topped N9.89...
- Posted January 18, 2013