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Stock Exchange
NSE Market Capitalisation dropped by ₦40.7 billion over sell-offs
THERE was sustained sell-offs in the equities segment of the local bourse on Monday which then reduced market capitalisation by ₦40.7 billion.Following a bearish trend last week,!-->!-->!-->…
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BUA Cement share price bursts through analysts forecast for 2020
BUA Cement Plc stock price closed Friday at ₦41.75, a neck- deep with Meristem Securities projection of ₦42.03 December 2020 price target.With the new bull market, it is not!-->!-->!-->…
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‘Stock market: Exchange-traded derivatives set for launch’
INVESTORS in the global capital markets can expect the launch of West Africa’s first exchange traded derivatives on the Nigerian Stock Exchange (NSE) as soon as possible, following the!-->…
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Capital market in first week of September
A total turnover of 2.209 billion shares worth N10.957 billion in 18,013 deals were traded in the first week of September by investors on the floor of the Exchange, in contrast to a!-->…
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Investors stake N11b on shares amidst profit taking
Equities investors staked N10.842 billion on 1.226 billion shares in 19,529 deals amidst profit taking last week.After a rally, propelled by reactions to corporate earnings and!-->!-->!-->…
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GTBank, Zenith Bank post gains, as market liquidity weakens
Nigerian bourse ended the trading week on a positive a note. The All Share Index gained 0.28% to close at 25,591.95 basis points as against 0.38% appreciation recorded on Thursday. Its!-->…
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Naira exchanges at N470 to the US dollar in the parallel market
The naira has exchanged at N470 to the US Dollar in the parallel market as at Monday, August 31st, 2020.This is in contrast to the rate, which closed at ₦477/US$1 last week Friday.!-->!-->!-->…
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