Weekly Market Closure

The Nigerian stock last week closed on a bearish note as 27 equities shed weight due to profit taking by investors.The All Share Index was down by 0.96% week on week to stand at 53,804.46 from 54,327.30 recorded previouslyMarket capitalization declined also by 0.95% to settle at N29.310 trillion from N29.591 trillion in the week before. An […]

The stock market last week closed on a positive note with 0.21% growth week on week. Year to date, the market has returned 6% with the All Share Index and Market Capitalization at 54,327.3 points and N29.591 trillion respectively. The market is anticipating the Audited reports of these companies with improved dividend payout. At that, discerning investors[…]

The Nigerian stock market closed higher last week, driven by price appreciation in MTN Nigeria, Dangote Cement, NESTLE and other 21 stocks led by TRIPPLEG as the All Share Index and Market capitalization rose by 0.21% to settle at 54,327.30 and N29.591 trillion respectively. An aggregate of 944 million units of shares were traded in 18,615 deals,[…]