Nigerian equities suffered a reversal on Wednesday as investors turned round to take profit after three consecutive positive trading sessions. While widespread bargain-hunting still left more...
Nigerian equities started the new month of May with a major rally as impressive corporate earnings and a subtle vote of confidence by MSCI quickened the...
Quoted equities staged a month-end rally last week as investors sought to rebalance their portfolios as companies provided glimpses of their earnings outlooks with mixed first...
nQuoted equities rode on the back of substantial gains by leading stocks to bounce back to the positive side in spite of widespread selling pressure. All...
Quoted equities rode on the back of resurgent bargain-hunting on Tuesday to stage a comeback to the green zone as more corporate earnings for the first...
stockoonseNigerian equities opened this week with a loss of N30 billion as investors sought to take profits from recent rally. With 22 losers to 15 gainers,...
Nigerian equities rode over early disruptions caused by a technical glitch at the Nigerian Stock Exchange (NSE) to sustain a largely positive outlook last week, with...
sNigerian equities extended their upswing to the third consecutive day on Thursday as investors increased buy orders for quoted shares. Key benchmark indices at the Nigerian...
The modest rally that started on Tuesday at the Nigerian stock market widened considerably on Wednesday as investors stepped up bargain-hunting for more stocks. Against the...
After two consecutive negative trading sessions, Nigerian equities pulled back into the green zone on Tuesday as highly capitalised back led a comeback bid for the...
The Nigerian Stock Exchange (NSE) suffered a technical glitch on Monday as the equities market opened a new trading week with a tinge of negative sentiments....
Nigerian equities open this week on a delicate balance after losing N209 billion last week in a largely negative market situation. Market pundits were divided on...
After five consecutive negative trading sessions, Nigerian equities on Thursday broke away from the recent spate of decline as bargain-hunters sought to take advantage of the...
The recent spate of downtrend at the Nigerian Stock Exchange (NSE) entered the fourth consecutive trading sessionon Wednesday, raising the negative average year-to-date return for Nigerian...
The Nigerian stock market reopened on Monday with worsening price depreciation as increased sell orders overwhelmed bargain-hunting, throwing the market into a five-hour loss of N233...
After two consecutive positive trading sessions, Nigerian equities succumbed to the profit-taking transactions on a handful of highly capitalised stocks. In spite of widespread gains, losses...
Nigerian equities closed almost flat on Wednesday as underlying selling sentiments widened. The main indices at the Nigerian Stock Exchange (NSE) indicated a marginal gain of...
Nigerian equities started this week on a negative note as a combination of slowdown in bargain-hunting and profit-taking weighed down the overall market situation. After a...
Nigerian equities lost N135 billion last week in a month-end portfolio readjustments that saw investors tilting towards low-priced stocks, otherwise known as penny stocks. Low-priced stocks...
After two successive negative trading sessions, Nigerian equities rode on the back of gains by major downstream oil companies and other highly capitalised stocks to regain...
Nigerian equities continued on the downtrend on Wednesday, running a second consecutive trading session on a mix of profit-taking transactions and portfolio realignments. The downtrend on...
Nigerian equities played along with the global emerging markets last week as increased demand for high-cap stocks on the Nigerian Stock Exchange (NSE) rallied the overall...
Quoted equities on Thursday surmounted the initial negative reaction that greeted the decision to raise interest rate by the Central Bank of Nigeria (CBN) as increased...
Investors reacted sharply on Wednesday to the increase in benchmark interest rate by the Central Bank of Nigeria, dumping quoted shares to buy fixed-income securities. The...
Nigerian equities remained on the upswing on Tuesday but the undercurrents at the stock market showed widespread sell pressure, limiting the positive overall market position to...
The Nigerian equities witnessed widespread selling pressure in the first trading session of the week but gains by the major stocks in the cement and banking...
The Nigerian Stock Exchange (NSE) will place Vono Products Plc on full suspension as from today, Monday, March 21, kick-starting the delisting process for one of...
Nigerian equities failed to respond positively to corporate earnings reports and dividend recommendations released last week as investors weighed investment options in the light of this...
After three consecutive negative closing positions, leading quoted equities rallied the stock market on Thursday to a marginal gain in spite of widespread selling pressure. With...
The downtrend at the Nigerian stock market entered the third consecutive day on Wednesday as market forces failed again to respond to the stimulus of a...
Nigerian equities recorded second consecutive negative trading session on Tuesday as concerns over rising inflation and corporate warning on low earnings mitigated the otherwise positive influence...
Nigerian equities reopened this week with a tinge of profit-taking as investors sought to monetize the capital gains from the sustained rally in recent trading sessions....
Nigerian equities muffled a mid-week profit-taking to sustain their upwardly trend last week, playing the contrarian stocks in a global stock market characterized by declines across...
The band between advancers and decliners narrowed on Thursday but the overall market situation drew on cross-sectoral gains from large, mid and small cap stocks to...
While the underlying bargain-hunting and resultant positive sentiments remained widespread, losses recorded by the two most capitalised companies at the Nigerian stock market- Dangote Cement and...
Nigerian equities reopened on Monday with continuing bargain-hunting for undervalued dividend-paying stocks amidst caution that the longest rally this year might give way to another round...
In from Allantee Success . . . Japanese company, Suntory Beverage & Food (SBF) Limited, has made preliminary offer to purchase the drinks business of GlaxoSmithKline...
Nigerian equities recorded their best performance so far this year last week as resurgence in bargain-hunting and increased demand for quoted equities halted the year-running recession...
The Nigerian equities market took a turn for the worse in the immediate past week as investors lost N1.21 trillion. With the global crude oil price...
As losses at the Nigerian stock market top N1.5 trillion in the past nine days, authorities at the Nigerian Stock Exchange (NSE) have activated the market’s...
The Nigerian Stock Exchange (NSE) has started the final review of its group and sectoral indices. The newly reviewed indices will take effect on January 1,...
Concerns about the risk profile and income outlook of Nigerian banks coloured the overall market performance at the Nigerian stock market last week as investors re-priced...
Nigerian equities stooped to their lowest value in three years early last week but quickly rebounded to close the week with a modest week-on-week gain of...
Quoted equities remained largely under pressure last week in spite of the Tuesday cut in the benchmark interest rate by the Monetary Policy Committee (MPC) of...
Nigerian equities turned negative yesterday as investors await clear fiscal and monetary direction from the newly constituted Federal Executive Council (FEC). President Muhammadu Buhari on Wednesday...
Guaranty Trust Bank (GTBank) Plc saw unusually large turnover yesterday at the Nigerian Stock Exchange (NSE) as investors staked N7.75 billion on the shares of the...
In from Success Allantee . . . For an average investor that had bought shares on the Nigerian stock market at the onset of this year,...
The Nigerian Stock Exchange (NSE) has announced the appointment of a consortium of Rand Merchant Bank (RMB) and Chapel Hill Denham (CHD) as the financial advisers...
In from Success Allantee … Nigerian equities continued its cautious upward trend yesterday as a mix of bargain-hunting and cautious trades continued to moderate the overall...
The Nigerian stock market expectedly reacted sharply but negatively to Tuesday’s announcement of the delisting of Nigerian government bonds from the JP Morgan’s emerging markets bond...