All posts tagged "nigerian stock exchange"

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  Nigerian Stock Exchange Undeterred On $1 trillion Market Capitalization By 2016

  The Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyeama, has demonstrated that the NSE under his watch will continue to strive to achieve the goal of $1 trillion (N155 trillion) market capitalization. The market capitalization...

  • Posted January 18, 2013
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  Nigerian Stock Exchange Watch: ASI (+0.77) Gains, Profit Takers Feast On Banking Sector

  The Nigerian Stock Exchange All share Index gained 77 points to close at 30,324.86. The index was propelled by the appreciation in blue chip stock like Dangote Cement (+3.81%), Nigerian Brew (+0.67), and Julius Berger (+10%). A...

  • Posted January 17, 2013
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  Nigerian Stock Exchange Watch: ASI (+1.37) Crosses 30,000 Psychological Benchmark

  The NSE’s All Share Index gained 137 basis points in today’s trading to close above the 30,000 psychological benchmark at 30,093.83. The banking sector suffered from the activities of profit takers today, but was still predominantly bullish as...

  • Posted January 16, 2013
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  NSE Selects 6 As Fixed Income Market Makers

  The management of the Nigerian Stock Exchange has announced the selection of six companies as fixed income market makers. The decision was made ahead of the introduction of retail bonds in the country. The companies selected are...

  • Posted January 16, 2013
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  Nigerian Stock Exchange Watch: ASI (+0.37) Continues Ascent, Nears 30000 Psychological Benchmark

  The All Share Index (+0.37%) gained in today’s trading on the back of a bullish performance from the banking sub-sector. The ASI closed at 29,309.69, nearing the 30,000 psychological level. Skye (+8.27%), Diamond (+6.43%), Fidelity (+4%), and Fidelity...

  • Posted January 14, 2013
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  N6.23bn shares of UBA Capital, Africa Prudential Registrars now listed on NSE

  The Nigerian Stock Exchange, NSE, on Friday admitted N6.23bn shares of UBA Capital Plc. and Africa Prudential Registrars Plc. in its official daily list. The two companies which are listed in Other Financial Services sector were created...

  • Posted January 14, 2013
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  Nigerian Stock Exchange Watch: ASI (-0.46%) Succumbs To Profit Takers, UBA (+9.92%) Resilient

  The All Share Index succumbed to profit takers in today’s market, losing 46 basis points. The banking sector was depressed, it recorded 10 losers versus 3 winners. UBA (+9.92%), and Diamond (+1.97%) were the only notable bank...

  • Posted January 9, 2013
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  Equities Market To Reach N20 trillion Market Capitalization in 2013 – Stakeholders

  The positive momentum of the Nigerian Stock Exchange (NSE) has continued to receive positive remarks from stakeholders in the national economy. The President of Chartered Institute of Stockbrokers (CIS), Mr. Ariyo Olusekun, has stated that the value of...

  • Posted January 7, 2013
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  Nigerian Stock Exchange Watch: ASI (-0.21%) Drops As Cement Companies Attract Investor Fears

  The NSE All Share Index (-0.21%) dropped in today’s trading as a result of profit taking activities. The slump was also caused by a drop in investor confidence concerning cement manufacturers. Dangote Cement has said its revenue targets will...

  • Posted January 3, 2013
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  Nigerian Stock Exchange Is Third Most Profitable Market On Earth

  Nigeria was the third most rewarding stock market  globally in 2012 behind Egypt and Kenya, as investors harvested 35.45 percent yield- to- date return on investment from the Nigerian Stock Exchange (NSE). According to a study by...

  • Posted January 3, 2013
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