TheNewsGuru

Tag: NSE

  • NSE records 0.07% marginal growth

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    by

    Olaotan Falade
    in

    The Nigerian equity market on Friday closed on a positive note with a marginal gain of 0.07 per cent. The All-Share Index (ASI) gained 17.82 points, representing a growth of 0.07 per cent to close at 25, 340.02 against 25,322.20 achieved on Thursday. Similarly, the market capitalisation gained N6 billion, representing a growth of 0.07…

  • Nestlé Nigeria, Breweries, top losers list on NSE

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    by

    Olaotan Falade
    in ,

    Major highly capitalised stocks on Friday posted price depreciation forcing the market indicators to close negatively. TheNewsGuru.com reports that Nestlé Nigeria recorded the highest price loss to lead the laggards’ table with a loss of N19. 99 to close at N680 per share. Mr Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., said that investors…

  • NSE moves 237.79m shares worth N2.19bn

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    by

    Olaotan Falade
    in

    The Nigerian Stock Exchange, NSE on Friday moved a total of 237.79 million shares valued at N2.19 billion transacted in 2,725 deals in a positive trading. TheNewsGuru.com reports that this was in contrast with a turnover of 146.49 million shares worth N1.19 billion achieved in 2,725 deals on Thursday. Champion Breweries drove the activity chart…

  • Market capitalisation rises by N17bn in positive trading on NSE

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    by

    Olaotan Falade
    in ,

    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…

  • Mobil, Forte Oil, others lead activities on NSE

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    by

    Olaotan Falade
    in ,

    Major petroleum stocks on Wednesday, topped activities on the Nigerian Stock Exchange (NSE) with Mobil Oil leading the gainers’ chart. TheNewsGuru.com reports that Mobil garnered N3 to close at N279 per share. Forte Oil followed with a gain of N1.20 to close at N65.20 and Nestle Nigeria gained N1 to close at N750 per share.…

  • NSE market capitalisation appreciates by 0.08%

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    by

    Olaotan Falade
    in ,

    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…

  • NSE working with MTN to ensure listing – Onyema

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    by

    Olaotan Falade
    in ,

    The Chief Executive Officer of Nigerian Stock Exchange (NSE), Oscar Onyema has said NSE is working closely with MTN to ensure its listing on the nation’s bourse. Onyema made this known on Thursday, on the sidelines of the NSE 2016 market recap and outlook for 2017 in Lagos. Onyema said that the NSE team was…

  • NSE market capitalisation dips by N42bn

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    by

    Olaotan Falade
    in

    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…

  • NSE: Forte Oil emerges worst performing stock in 2016, drops by 74.42%

    NSE: Forte Oil emerges worst performing stock in 2016, drops by 74.42%

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    by

    Olaotan Falade
    in

    Forte Oil Plc. has emerged the worst performing stock in 2016 in percentage terms having dropped by 74.42 per cent. Statistics obtained from the Nigerian Stock Exchange (NSE) for the period showed the stock which in 2016 was worth N330 depreciated by 74.42 per cent to close trading at N84.43 per share. Skye Bank followed…

  • NSE sustains market growth, appreciates by 0.34%

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    by

    Olaotan Falade
    in

    The Nigerian equity market ended for the year on Friday on a positive note, with indices appreciating by a growth of 0.34 per cent. The market capitalisation for the third consecutive day maintained an upward trend, growing by N31 billion or 0.34 per cent to close at N9.246 trillion against N9.215 trillion achieved on Thursday.…