All posts tagged "nigerian stock exchange"
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Nigeria Stock Exchange Watch: ASI (+0.21%) Recovers as Activity Accelerates in Insurance sub-Sector
The major news in the market today was not the fact that the market bucked its losing streak by the ASI gaining 0.21%, or that Nestle released pretty impressive Q3, 2012 results. Analysts are wondering who...
- Posted November 14, 2012
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Nigerian Stock Exchange Watch: ASI (+0.15%) gains marginally on healthy demand for Nigerian Breweries (+3.07%)
Selling activity was predominant across the banking sub-sector and the majority of the bourse, however the All Share Index was able to advance marginally on the back of gains in Nigerian Breweries stock. Only three banking stocks...
- Posted November 5, 2012
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Nigerian Stock Exchange Watch: ASI (-0.77%) Sheds Weight as YTD Performace Hovers at +30%
The All Share Index shed 77 basis points in today’s trading as it commenced the week on a bearish note. As expected, the selling pressure on Diamond which started towards the tail end of the previous...
- Posted October 15, 2012
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Nigerian Stock Exchange Watch: Best Paying Stocks in August
If you had invested N1 million in the Nigerian Stock Exchange at the beginning of August, where would your money be now. BusinessNews crunched the numbers to discover August’s best and worst performers and the results may...
- Posted August 31, 2012
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Nigeria Stock Exchange Watch: Index Dips Further, Shedding 0.96%
The All Share Index shed 0.96% today as Dangote Cement caved in to supply-side pressure and dropped 3.8% to close at N114. The banking sub-sector was the only sub-index to appreciate in the session as it picked...
- Posted August 8, 2012
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Nigerian Stock Exchange Watch: ASI (-0.44%) Retreats as Blue Chips Slide
The All Share Index shed 0.44% on the back of losses from key blue chip companies namely First Bank (-2.5%) and Nigerian Breweries (-2.7%). Other key participants down in the day’s trading were Mobil (-4.84%) and Total...
- Posted August 6, 2012
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Nigerian Stock Exchange Watch: ASI (+0.04%) Up Marginally, YTD (+12.40%)
The year-to-date return of the Nigerian Stock Exchange improved to 12.40%, even as the All share Index gained a marginal 4 basis points at the close of today’s trading. The Consumer Goods, and Oil & Gas sub-indices...
- Posted July 30, 2012
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Nigerian Stock Exchange Watch: Market Performs Well Despite Negative Close
The Nigerian Stock Exchange recorded a good performance today despite closing in the negative. A block trade in Dangote Cement (-3.93%) caused the All Share Index to fall 0.91%. On a sector-by-sector basis, all the major sub-indices closed...
- Posted July 24, 2012
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Nigerian Stock Exchange Watch: ASI (+1.24%) Gains as Dangote Cement (+5%), Bluechips Surge
The Nigerian Stock Exchange gained a whopping 1.24%, its sixth highest daily appreciation on the back of a strong performance by the bourse’s most capitalized company, Dangote Cement, which gained maximum points allowed of 5%. Other bluechips that...
- Posted July 23, 2012
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Nigeria Stock Exchange Watch: Market crosses 22,000 psychological mark
The All Share Index gained 0.54% today as the banking sector continued to rally and recover lost ground from the price lull induced by the uncertainty in the sector. 10 out of 11 banking stocks climbed with...
- Posted July 5, 2012