News In : Markets   (Page 7)
  • 35 Stocks Fall, Investors Lose N154bn in One day
  • The losses recorded by 35 equities listed on the Nigerian Stock Exchange at the end of trading on Thursday wiped out a total of N154bn in investors’ wealth. The NSE All-Share Index fell by 1.06 per cent to close a[...]
  • Date Posted:: 25/May/2018
  • Report: Banks Won’t Lower Lending Rates
  • Banks are not keen on lowering lending rates even if the Central Bank of Nigeria (CBN) brings down its benchmark interest rate, investment and research firm Renaissance Capital (RenCap) has said. It projected that the C[...]
  • Date Posted:: 24/May/2018
  • NSE Year-to-date Returns Fall to 4.9% as Bears Consolidate H...
  • The year-to-date(YTD) growth of the Nigerian Stock Exchange (NSE) All-Share Index (ASI) dropped to 4.9 per cent yesterday as the bears consolidated their hold on the stock market. The bearish trading entered its third c[...]
  • Date Posted:: 24/May/2018
  • Stock market Falls for Fifth Straight Day
  • The stock market continued its losing streak on Wednesday, as the market capitalisation of equities listed on the Nigerian Stock Exchange fell for the fifth straight day. The market capitalisation dropped to N14.543tn f[...]
  • Date Posted:: 24/May/2018
  • CBN intervenes in Forex Market
  • The Central Bank of Nigeria (CBN) on Friday, May 18, 2018, lifted the Retail Secondary Market Intervention Sales (SMIS) of the Inter-bank Foreign Exchange Market with the sum of $293million as Naira depreciates against d[...]
  • Date Posted:: 21/May/2018
  • Appetite for Value Stocks to Drive Equities Market this Week
  • ON the backdrop of the negative sentiment that prevailed in the equities last week, which led to the loss of N200 billion to investors, investment analysts have predicted a rebound in activity as investors price in on va[...]
  • Date Posted:: 21/May/2018
  • Foreign Investors Rattle Forex Market
  • Following the upsurge in demand for dollars last week by foreign investors, Nigeria’s foreign exchange market came under pressure with analysts in divergent views as to the impact on the market this week. Financial[...]
  • Date Posted:: 21/May/2018
  • Stock market ends Lower as 26 Firms Lose
  • The nation’s stock market finished lower at the end of trading on Tuesday, with the market capitalisation of listed equities falling by N23bn. The All-Share Index of the Nigerian Stock Exchange dropped by 0.15 per[...]
  • Date Posted:: 16/May/2018
  • CBN injects $210m into Interbank Forex Market
  • The Central Bank of Nigeria on Tuesday said it injected the sum of $210m into the interbank foreign exchange market to boost liquidity in the system. The CBN said it allocated the sum of $100m to dealers in the wholesal[...]
  • Date Posted:: 16/May/2018
  • Profit-taking pushes NSE ASI Down by 0.84%
  • For traders at the Nigerian Stock Exchage, the third business week in May kicked off recently with more profit-taking by investors, hence leading to a 0.84 per cent or 344.7 basis points in the All Share Index (ASI) whic[...]
  • Date Posted:: 15/May/2018
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