Tag: Market Capitalisation
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Equity market soars as investors gain N409 billion
Investors in the equities market gained N409 billion as the Nigerian Exchange Limited witnessed a slight increase in trading activities in the past week, resulting in the All-Share Index rising by 1.12 per cent week-on-week to reach 67,200.69 points. The market capitalization of listed equities also saw a 1 per cent increase week-on-week, reaching N36.919…
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NGX: Equities gain, market capitalisation up by N35bn
The Nigerian Exchange Ltd., (NGX) closed on an upward note on Thursday occasioned by gains in 25 stocks, as market capitalisation appreciated by N35 billion. Specifically, market capitalisation of listed equities was increased by 0.14 per cent to N25.477 trillion, from N25.442 trillion recorded on Wednesday.
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Coronavirus: Panic mood on NSE as market capitalisation loses N308bn
Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and Algeria. The News Agency of Nigeria (NAN) reports that the panic mood affected trading on the exchange with the market recording only two gainers against 41 losers. Consequently, the market capitalisation…
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Market Capitalisation Loses N153bn After Independence Day Break
The first trading session after Nigeria celebrated its 59th Independence Day on Tuesday ended on a negative note as investors maintained their resolve to continue to take profit amid developments in the country as well as on the global scene. The stock market finished 1.14 percent lower on Wednesday with the All-Share Index (ASI) going…
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NSE market capitalisation appreciates by N76bn
The upward trend continued on the Nigerian Stock Exchange (NSE) on Wednesday for the second consecutive day with the market capitalisation increasing by N76 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation which opened at N10.121 trillion, rose by N76 billion or 0.75 per cent, to close at N10.197 trillion. In…
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NSE market capitalisation crosses N10trn mark
The market capitalisation of the Nigerian Stock Exchange (NSE), on Friday, rose by N206 billion to hit the N10 trillion market for the first time in 2017. The News Agency of Nigeria (NAN), reports that trading closed higher at N10.047 trillion against N9.841 trillion recorded on Wednesday. NAN further reports that the All-Share Index inched…
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Market capitalisation rises by N17bn in positive trading on NSE
Activities on the Nigerian Stock Exchange (NSE), on Thursday sustained a positive posture with the market capitalisation increasing by N17 billion. TheNewGuru.com reports that the market capitalisation which opened at N9.028 trillion appreciated by N17 billion or 0.19 per cent to close at N9.045 trillion, due to gains by some blue chips. Similarly, the All-Share…
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NSE market capitalisation appreciates by 0.08%
Transactions on the floor of the Nigerian Stock Exchange, NSE on Friday closed on a positive trend with both market indices recording marginal growth, appreciating by 0.08 per cent. This coming after three consecutive days of negative trading. The market capitalisation increased by N7 billion to close at N9.022 trillion against N9.015 trillion recorded on…
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NSE market capitalisation dips by N42bn
Activities on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative slide with the market indices dropping further by 0.46 per cent following continuous profit taking by investors. The market capitalisation, for the second trading day, lost N42 billion or 0.46 per cent to close at N9.116 trillion compared with N9.158 trillion recorded on…
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NSE market capitalization appreciates by 0.35%
Transactions on the Nigerian Stock Exchange (NSE) remained steady on Thursday with the All-Share Index improving by 0.35 per cent due to gains recorded by major petroleum equities. The index increased by 94.68 points or 0.35 per cent to close at 26,782.93 against 26,688.25 posted on Wednesday. In the same vein, the market capitalisation, which…