Nigerian equities staged their biggest day-on-day rally so far this year on Wednesday as investors continued to react to the adoption of a flexible exchange rate...
Nigerian equities firmed up on Tuesday as the Central Bank of Nigeria (CBN) in a surprising move dumped its fixed foreign exchange policy and adopted a...
A scramble to take profits on recent steep and sustained gains by several equities and concerns over the possible decisions of the Monetary Policy Committee (MPC)...
Nigerian equities bucked the slowdown in the global equities markets to sustain a five-week consecutive rally with a gain of N214 billion last week as investors await...
Bargain-hunters upped the ante at the Nigerian stock market on Thursday as increased market orders pushed several stocks to higher prices. Against the background of average...
After a day of profit-taking on Tuesday, Nigerian equities regained the uptrend on Wednesday as increased demand for highly capitalised stocks helped to mitigate widespread profit-taking...
Nigerian equities turned negative on Tuesday as investors sought to take profits from the recent sustained rally at the stock market. With more than two losers...
Highly capitalised stocks in the breweries, building materials and petroleum-marketing sectors rallied Nigerian equities to a strong start on Monday with a gain of N130 billion....
Nigerian equities broke away from a two-day decline to a major rally on Thursday as investors scrambled for shares of downstream oil majors quoted on the...
Investors showed increased appetite for quoted stocks on Wednesday as most stocks rode on the back of the increased bargain-hunting to close at higher prices. But...
Nigerian equities opened on Monday with widespread positive sentiments as investors increased demand for banking and consumer goods stocks. Average gain at the Nigerian Stock Exchange...
For the second consecutive trading session, Nigerian equities ended in the red as profit-taking transactions on highly capitalised stocks counterbalanced equally widespread bargain-hunting for undervalued stocks....
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...
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...
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...
Nigerian equities regained their upswing on Wednesday as investors increased market orders across the large, mid and small-cap stocks. The market had on Tuesday broke its...
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...