All posts tagged "NSE"
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Nigerian Stock Exhcange Watch: ASI (+0.28%), Market Capitalization at US$55 billion
The All Share Index appreciated by 28 basis points on the bank of moderate demand for banking sub-sector participants. Positive price appreciation visited the likes of Union Bank (+5.4%), Skye (+3.75%), Diamond (+1.4%), UBA (+1.52%) and Stanbic...
- Posted October 18, 2012
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Nigeria Stock Exchange Watch: Bulls Dominate Market as Diamond Bags 10% Gain
The bulls dominated the Nigerian Stock Exchange in today’s trading as the All Share Index booked a gain of 0.83%, bringing the years tally to 29.47%. The banking sub-sector recorded 9 gainers vs 3 losers as the...
- Posted October 9, 2012
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Nigerian Stock Exchange Watch: ASI Gains 0.67% as Banking sub-Index Gains Big
The banking sub-index gained 2.09% in today’s trading, driving the stock market to close up by 0.67%. The All Share Index closed at 26,618.70 whilst the market capitalization of the market arrived at N8.5 trillion. Fidelity...
- Posted October 8, 2012
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Foreign Investors Control 67% of Nigerian Stock Exchange Activity, Invest N277 Billion This Year
Foreign Portfolio Investments on the Nigerian Stock Exchange (NSE) this year has reached N277.15 billion to date. The Managing Director, BGL Securities Limited, Sunday Adebola stated that the figure represents the whole value of shares traded...
- Posted October 8, 2012
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Stock Market Review: Top Banking Stocks by Year-to-Date Performance
The Nigerian Stock Exchange is offering investors some good returns so far this year. Some stocks have returned as high as 117% (International Breweries) and 101% (CAP Plc) as at today’s closing prices. As at today,...
- Posted September 12, 2012
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Stock Market Soars to 59 Week High, Led by Banks
Nigeria’s stock index hit a 59 week high on Wednesday, crossing the psychological 24,000 point level, on confidence from the recovery of the banking sector and heavy buying of Union Bank shares, dealers said. Sub-Saharan Africa’s second...
- Posted September 6, 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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Capital Oil, Lenards Others to be Delisted from Stock Exchange
The Nigerian Stock Exchange has concluded plans to delist several companies for failure to meet its post-listing requirements. The affected companies include Aluminium Manufacturing Company of Nigeria Plc, Capital Oil Plc and W.A. Glass Industry Plc, Union Dicon...
- Posted August 27, 2012
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Nigeria Stock Exchange Watch: ASI (+0.15%) Starts Week Off on Positive Note
The All Share Index climbed 0.15% today on the back of a general increase across the major sectors. All the NSE sub-indices closed upwards with the exception of the Oil and Gas sub-index which closed down by...
- Posted August 13, 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