All posts tagged "NSE"

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  NSE Targets $1tn Market Capitalisation by 2016

  The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, at the weekend said that the Exchange has set a target of $1trillion market capitalisation by 2016. Onyema disclosed this at the 21st Annual...

  • Posted December 17, 2012
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  Nigeria Stock Exchange Watch: ASI (+0.85%) Crosses 27,000 as 7UP (+10%) Leads

  The Nigerian Stock Exchange gained big today as the All Share Index crossed the 27,000 pyschological mark to close at 27,050.19. The year-to-date performance of the market has topped 30% for the first time this year, it...

  • Posted December 11, 2012
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  Nigeria Stock Exchange Watch: ASI (+0.2%) Gains as GTBank (+4.11%), Retail Stocks Advance

  The Nigerian Stock Exchange ended in positive territory in today’s session as the All Share Index advanced 20 basis points. GTBank (+4.11%) led the banking sub sector and by extension the majority of the market. FBN Holding...

  • Posted December 5, 2012
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  Nigeria Stock Exchange Watch: GlaxoSmith (+4.98%) Continues Winning Streak as ASI (+0.01%) Gains Marginally

  Glaxo Smith Kline (+4.98%) continued its winning streak as its parent company continues to increase its stake in its Nigeria subsidiary. The rest of the market was relatively flat. Across the banking sub-sector Sterling Bank (+4.03%), Access...

  • Posted November 27, 2012
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  Nigerian Stock Exchange Watch: ASI (-0.21%) Falls to Selling Pressure

      Investors cashing out in preparation for the yuletide season were partly responsible for the All Share Index (ASI) drop of 0.21% today. The banking sector was predominantly skewed to the sell side as 8 of...

  • Posted November 21, 2012
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  Nigeria Stock Exchange Watch: ASI (-0.41%) Dips as Sell Side Sentiments Persist

  The market began the week with the ASI shouldering a loss of 0.41% to close at 26,609.33. Sell side sentiment was the order of the day as the banking sub-sector saw 4 gainers vs 9 losers. The Food...

  • Posted November 12, 2012
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  Nigeria Stock Exchange Watch: ASI Adds 0.34% as Market Capitalization Hits $54 billion

  The All Share Index advanced 0.34% to close at 26,883.76. Performance was driven largely by positive price movement in the shares of blue chip stocks such as Dangote Cement (+1.22%), and Nigerian Breweries (+1.32%). The sentiment across the...

  • Posted November 8, 2012
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  Nigerian Stock Exchange: ASI (-0.16%) as Market Capitalization Slides to $53.92 billion

  The Nigerian Stock Exchange slid by 16 basis points on the back of poor performances across several sectors. The market breadth was also below 3Q averages as 218 million shares valued at N1.54 billion exchanged hands. Dangote...

  • Posted November 2, 2012
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  Nigeria Stock Exchange Watch: ASI Gains +0.4% as Banks Reverse Losses

    The All Share Index gained 0.4% as banking sector stocks reversed on the losses they sustained in last weeks trading. Demand for bank stocks soared as Zenith (+2.86%), Stanbic (+0%), GTBank (+0.5%) and UBA (+3.13%) traded...

  • Posted October 29, 2012
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  Nigeria Stock Exchange Watch: ASI (-0.09%) Commences Week on a Negative Note

  The All Share Index commenced the week on a negative note, shedding 9 basis points to rest at 27,272.57. The banking sector was predominantly bearish as profit taking activity was the order of the day. All the banking...

  • Posted October 22, 2012
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