Investors gain N49.88bn amid negative market breadth

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Equities market closed Friday on a positive note, as NSEASI appreciated by +0.38% to close at 25,236.97 basis points as against +1.04% appreciation recorded...

CRR policy: Fitch forecasts bleak future for Nigerian banks

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Foremost international rating agency, Fitch Ratings, has predicted that punitive policies by the Central Bank of Nigeria (CBN), especially the Cash Reserve Ratio (CRR)...

Market week begins positive as ASI rises by 0.3%

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Activities in the domestic equities market Monday picked from where they left off last week, closing higher on gains in BUA Cement (+2.0%), Guaranty...

Market week commences positive as ASI advances by 1.5%

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Trading in the Nigerian equities market opened the week positive, following gains in Dangote Cement (+5.7%), WAPCO (+9.6%) and some Tier 1 bank stocks. Thus,...

Market sentiments remain weak, as ASI declines by 0.4%

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Sentiments remained weak in the domestic bourse, as the All-Share Index declined by 0.4% to 24,174.45 points. This is as investors sold off on...

Equities market record further gains as ASI increases by 0.9%

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The Nigerian equities market recorded further gain in Thursday’s trading as demand for Dangote Cement (+4.3%) spurred a 0.9% increase in the All-Share Index. Thus,...

Bulls hold sway as index rises by 1.4%

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The domestic bourse recorded its 8th consecutive daily gain after Wednesday’s trading, as investors’ interest in some Tier 1 bank names, NB (10.0%) and...

Market week starts on positive note as ASI rises by 0.3%

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Trading on the domestic bourse began the week on a positive note, largely driven by investors’ demand for MTNN (+3.6%) shares. Thus, the All-Share Index...

Equities sustain bullish run as ASI rises by 0.6%

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At the close of Wednesday’s trading session, the domestic bourse sustained its positive trend, following demand for MTNN (+2.4%) and FBNH (+3.4%) stocks. Pointedly, the...

Bulls in an encore as ASI inches up by 0.5%

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Following on the gains of Monday, trading in the domestic equities market continued bullish, as investor interest in Nestle (+1.1%), Dangote Sugar (+3.8%) and...

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