Markets

Sentiments in the local bourse weakened leaving the All Share Index (ASI) of the Nigerian Stock Exchange (NSE) at 24,276.56 basis points on Thursday, having declined marginally by 0.01per cent.

The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit financial statements without any explanation.

Activities on the Nigerian Stock Exchange (NSE) on Wednesday extended gaining streak, with indices rising by 0.75 per cent on renewed investors’ interest.

The Nigeria Stock Exchange (NSE), on Wednesday in Benin donated 3,800 face masks to Edo government to help the fight against COVID-19 pandemic in the state.

The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day.

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.

Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.

Tokyo stocks were higher Tuesday morning, as investor sentiment was bolstered by the United States technology shares rising overnight sending the Nasdaq Composite Index to a record high.

The Nigerian Stock Exchange (NSE) on Monday announced the upgrade of its Data Portal (X-DataPortal) to revamp and improve market accessibility for subscribers.

European shares fell on Monday as signs of resurgence in coronavirus cases in Germany and elsewhere unnerved investors who were hoping for a swift economic recovery from the crisis.

Nigerian equities market resumed trading on Monday with a loss of 0.91 per cent as a result of profit taking in some blue chips.

Management of the Securities and Exchange Commission, SEC, on Sunday denied that it’s Acting Director General, Ms. Mary Uduk, has resigned from the Commission.

The cleaning up exercise of the records of registered market operators, embarked upon by the Security and Exchange Commission, SEC, under the present leadership of its acting Director-General, Ms Mary Uduk, has led to the cancellation of registration of eighty four (84) inactive operators as well as giving 94 others a pre-notice of cancellation of their registration.

Tokyo stocks closed sharply higher Thursday, as the market mood continued to be buoyed by ongoing hopes for increased economic activity in countries where virus-linked restrictions have been eased.

The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.

Nigerian equities continued their rally on Wednesday as increasing bargain-hunting left investors with net capital gains of N130 billion, bringing gains in the past two trading sessions to N266 billion.

Outgoing President of Chartered Institute of Stockbrokers (CIS), Mr Adedapo Adekoje, said his administration recorded several milestones that have placed the institute on a firm path of recovery and growth.