All posts tagged "nigerian stock market"

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  More Foreign Investors To Take Positions In Stock Market – Analysts

  Analysts that track the activity and fundamentals of the Nigerian Stock Exchange are of the opinion that more foreign investors will take positions in 2013. Meristem Securities Analysts said investor confidence was returning due tot he strong...

  • Posted January 11, 2013
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  Stock Market Rises To 32 Month High In 2012, Momentum Expected To Continue

  The Nigerian Stock Exchange rose to a 32 month high in 2012, and the positive performance is expected to continue in 2013. The All Share Index returned to performance levels not seen since 2007. The performance in...

  • Posted January 1, 2013
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  Foreign Investors Injected N1.5 trillion Into Nigerian Stock Exchange In First Ten Months of 2012

  Statistics from the Central Bank of Nigeria has shown that the local investor apathy as concerns the Nigerian equities market is not borne by foreign investors. According to the CBN, out of $12.64 billion in Foreign Direct...

  • Posted December 28, 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: ASI Downturn Sustained by Price Fall in Dangote Cement (-5%) and Nigerian Breweries (-1.19%)

  The All Share Index shed 115 points in today’s trading largely due to a price drop in the bourse’s most capitalized stock, Dangote Cement (-5%). Another notable price drop was Nigerian Breweries (-1.19%). The banking sub-sector saw...

  • Posted June 6, 2012
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  Nigerian Stock Exchange Watch: Bearish Sentiments Prevail on ASI (-0.32%)

  Bearish Sentiments prevailed across the entire Stock Exchange as the All Share Index dropped 0.32% to close at 22,309.61. The top-tier banks, UBA (+4.25%), First Bank (+0.86%), GTBank (+0.31%), Access (+0.29%) all recorded positive uptick with the...

  • Posted May 21, 2012
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  Nigerian Stock Market Watch: Market Up 0.14%, Banking Stocks offer Tremendous Upside

  Although it was a close call, the bears won the tug of war in the banking sub-sector beating the bulls (6 losers to 5 gainers). Banking stocks in the green today included UBA Plc (+4.76%) which continues...

  • Posted February 20, 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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  The Nigerian Stock ExchangeToday: Dangote Subsidiaries lead the market

  The NSE advanced 33 points today buoyed by the bullish performance of the Food and Beverages sub-sector. Dangote subsidiaries led the sector as the Sugar, Flour and Salt arms of the formidable conglomerate gained 4.94%, 4.35% and...

  • Posted January 6, 2012
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