All posts tagged "nigerian stock exchange"
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Nigerian Stock Exchange Brief: ASI (+1.11%) Rallies Big, Market Cap Crosses N 7 trillion mark
The All share index (ASI) rallied big gaining 111 basis points. The strong performance was buoyed by the banking sub-index whic was up a whopping 2.06%. Market Capitalization crossed the N 7 trillion mark for the first...
- Posted July 4, 2012
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Nigerian Stock Exchange Watch: ASI (+0.55%) Returns to Positive Territory(
The All Share Index closed up 0.55% as bullish sentiments prevailed in today’s session. Leading the bulls was the banking sub-sector as the sub-index advanced by 1.47% on the back of a strong performance by stocks like...
- Posted July 3, 2012
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Nigeria Stock Exchange: ASI (+1.06%) Records Biggest Gain in a Week
The Nigerian Stock Exchange closed well in the green as the All Share Index recorded the biggest gain since June 20th, appreciating by 1.06%. The performance was driven by the price gains recorded in blue chips like...
- Posted June 27, 2012
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Nigerian Stock Exchange Watch: Bluechips Decline Cause Marginal Drop in ASI (-0.05%)
The Nigerian Stock Exchange experienced decline for the second consecutive day as the All Share Index closed 0.05% lower. Decline in prices of Blue-chip stocks like Oando (-4.97%), First Bank (-0.09%), Nigerian Breweries (-0.12%), and Flour Mills...
- Posted June 26, 2012
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Nigerian Stock Exchange Watch: Bearish sentiments prevail as ASI (-0.18%) Closes Down
The All share Index shed 0.18% in today’s trading on the back of a bearish session without much activity across the major counters. Virtually every major sub-index closed in the red, Banking (-0.35%), Consumer Goods (-0.41%), and...
- Posted June 25, 2012
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Nigerian Stock Exchange Watch: ASI (-0.76%) Performance Plagued by Profit-Takers
The All Share Index shed 0.76% in today’s trading on the back of a bearish market with the activities of profit takers serving as a catalyst. The banking sub-index fell 2.10% as Access (-4.42%), GTBank (-4.46%), UBA...
- Posted June 21, 2012
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Nigerian Stock Exchange Watch: Dangote Cement ( -3.70%) Send ASI (-0.74%) South
The All Share Index shed 0.74% on the back of price depreciation sustained by the market’s most capitalized participant- Dangote Cement. The banking sub-index gained marginally, picking up only 0.10% as most of the bank’s saw only...
- Posted June 18, 2012
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Nigerian Stock Exchange Watch: Banks sell off causes ASI to retreat
The All Share Index shed 22 basis points as a sell of in banking stocks and low demand levels caused the market to fall. Most top-tier banks GTBank (-0.99%), Zenith (-1.11%), and First Bank (-0.85%) retreated, as...
- Posted June 14, 2012
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Nigerian Stock Exchange: Top Tier Banks, Forte Oil (+5%), Fidelity (+5%) Push ASI (+0.28%) Upwards
The All Share Index (+0.28%) gained a third day due to a strong outing by the top tier banks. UBA (+3.26%), Zenith (+1.89%), First Bank (+0.95%), Access (+0.83%), and GTBank (+0.73%), all the top-tiers gained in the...
- Posted June 13, 2012
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Nigerian Stock Exchange Watch: ASI (+0.27%) Closes Up on Dangote Cement (+2.37%) Price Gain
The All Share Index close upwards for a second consecutive day due to a significant uptick in the price of Dangote Cement stock. The ASI’s marginal gain helped to close the gap in the month-to-date (-3.75%) losses...
- Posted June 12, 2012