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Capital Market

NSE’s market capitalization slides further by N83 bn

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Equity transactions on the Nigerian Stock Exchange continued on a downward note Thursday, profit taking continue to take toll on the stock market, causing market capitalization to drop further by N83 billion.

Thursday, the All-share index dropped...
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Profit taking hits market indices as investors’ wealth depreciates by N43b

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PROFIT taking by investors on the Nigerian Stock Exchange, on Wedneday, pulled back market capitalisation by N43 billion, even as major highly capitalised companies recorded price depreciation.

Specifically, at the close of trading, market...
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Nestle, Total, others enhance NSE’s market capitalisation by N33b

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FOLLOWING price gains recorded by major blue chip companies, especially Nestle and Total, equity transactions on the Nigerian Stock Exchange closed in an upward note Tuesday, causing market capitalization to rise further by N33...
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Investors stake N8.509 billion on FGN bonds in one week

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THE Over –The –Counter (OTC) market for FGN bonds last week recorded a turnover of 972.737 million shares worth N8.509 billion in 13,745,compared to total of  571.077 million shares valued at N5.246 that exchanged hands on the...
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Profit taking takes toll on the Exchange, as market capitalization slides by N19 bn

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PROFIT  taking by investors on the Nigerian Stock Exchange, Thursday pulled market capitalization by N19billion, even as major blue chip companies suffered price depreciation.

Thursday, the All-share index of the Exchange fell by 59.82...
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NSE’s market capitalisation opens 2013 in an upward note, rises by N135 bn

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FOR the first trading day of the year, equity transactions on the Nigerian Stock Exchange closed in an upward note, following price gains recorded by virtually all bluechip companies, especially in the banking sub-sector, resulting to a further...
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Stocks that tickled investors in 2012

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THE year 2012 was completed with mixed economic data, even with ever-present euro zone worries, but for all the uncertainty that reigned amid the signs of a continuing and seemingly sluggish- economic recovery, the market overall saw some pretty...
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Financial stocks enhance NSE’s turnover

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THE financial services sector dominated in volume terms last week, as the investors traded 387.860 million shares worth N3.163 billion in 4,454 deals.

According to the Nigerian Stock Exchange, volume in the sector was largely driven by activity...
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Capital market ends 2013 on an upbeat

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NSE market capitalization rises by N68bn

Equity transactions on the Nigerian Stock Exchange closed for the year in an upbeat Monday, following price gains by major bluechip stocks, especially Guinness and Nigerian Breweries, causing market...
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Operators lament withholding of SEC’s 2013 budgetary allocation

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CAPITAL market operators have decried the decision of the National Assembly to pass the 2013 appropriation bill without allocating funds to the Securities and Exchange Commission (SEC.), noting that this would hinder capital market recovery.

They...
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Profit taking takes toll on the Exchange, indices slide by 0.2 per cent

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PERSISTENT  profit taking at the resumption of equity trading on Monday on the Nigerian Stock Exchange (NSE), has resulted to a further slide in All-Share Index  by 0.2 per cent.

Specifically, the market capitalization fell by N18...
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Onyema hinges NSE’s global competitiveness on strong regulation, liquidity

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THE Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyema has expressed optimism that the Nigerian Capital Market will compete effectively with other developed global markets, if a strong regulatory environment, high level of...
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