Tag: Stocks
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NSE Changes Pricing Methodology for Stocks
The rules governing price movements of equity securities traded of the Nigerian Stock Exchange (NSE) have been amended to ensure overall market stability and efficiency and fairness in pricing NSE securities. Recall that on January 29, 2018, the exchange implemented amendments to its pricing methodology and par value rules that saw the categorization of quoted…
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Investors trade N17bn stocks in five days
A total turnover of 1.101 billion shares worth N17.082 billion were traded on the floor of the Nigerian Stock Exchange (NSE) last week by investors in 15,431 deals. This was higher than the 713.141 million equities valued at N13.295 billion transacted a week earlier in 16,237 deals, data from the NSE disclosed. During the week,…
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European Stocks subdued as US Govt shutdown enters Day 3
European stocks were subdued on Monday as the U.S. government shutdown entered its third day and investors awaited cues from two major central bank meetings this week. The pan-European Stoxx Europe 600 index was marginally lower at 400.90 in late opening deals after rising half a percent on Friday. The German DAX and France’s CAC…