All posts tagged "NSE"
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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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Nigeria Stock Exchange Watch: ASI (+0.36%) Starts Off Positive, Dangote Flour (+4.89%) Continues to climb
The All Share Index gained 0.36% and started the week on a positive note. The Consumer goods drove the positive performance of the bourse today as the sub-index closed up 1.23%. The banking sub-index fell marginally by...
- Posted July 9, 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: 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: ASI (+2.03%) Gains Big as Investors Mop up Bank Shares
The All Share index gained major points in today’s trading as Investors showed renewed interest in banking stocks. However the bullish performance of the banking sub-sector was not the only driver of today’s gain, as Dangote Cement...
- Posted June 20, 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 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