Thursday , February 21 2019
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Capital Market

Investors’ gain soar by N258b in four days of bulls’ run

Analysts at Cordros Capital say despite the recent rallies at the Nigerian Stock Exchange, the outlook for equities in the near-to-medium term is negative, advising investors to trade cautiously amidst political uncertainties ahead of the 2019 elections, and the absence of a positive market trigger. However, positive macroeconomic fundamentals remain …

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All Share Index rises further by 1.07% on sustained bullish trading at the Nigerian Stock Exchange

Despite a seemingly conservative outlook of Analysts at the Nigerian Stock Exchange owing to concerns ahead of the 2019 elections, the market, which recorded a dip last week, had opened this week on a positive note since Monday, leading to a gain of N235 billion in market capitalization from N11.124 …

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Nigeria Stock Exchange: All Share Index drops further by 2.33%

The Nigerian Stock Exchange (NSE) yesterday ended its trading  on a downward note, following price losses in highly capitalized stocks, with the All Share Index closing at 29,336.80 points, a drop by 2.33%, the largest decline since October 24, 2018. Significant losses were recorded across most sector indices – Industrial Goods …

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Nigerian Stock Exchange: Financial Services sector trail equity turnover ahead of Christmas

A total turnover of 1.472 billion shares worth N18.678 billion in 15,610 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.169 billion shares valued at N14.762 billion that exchanged hands last week in 14,554 deals. The Financial Services Industry …

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Year –end rally lifts NSE indices by N129 billion

Following sustained bargain hunting and portfolio re-positioning for year-end, and possibilities that the development would form market performance ahead of Santa Claus rally. This has lead to an unprecedented rally on the equity sector of the Nigerian Stock Exchange (NSE), as indices appreciated by N129 billion in two trading days. …

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