Markets

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading resumes after Eid-el-Fitr celebration with 0.07% growth

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.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Equities sustain rally with N130 billion gains

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.

Stockbrokers’ chief lists achievements

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.
He is Mr Lamido Yuguda whose appointment was announced by President Muhammadu Buhari in a letter sent to the Senate on Tuesday requesting the confirmation of Yuguda as the Director General of the Commission.

Capital market expert sets agenda for new SEC chief

Barring any last minute hitches, a substantive Director General will soon assume duty at the Securities and Exchange Commission (SEC), ending Ms Mary Uduk’s more than two years tenure in acting capacity.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market capitalisation rises further by N130 billion

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Transactions remain upbeat on NSE, indices up 1.09 per cent

The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market capitalisation opens week with N37 billion growth

The Nigerian Stock Exchange (NSE) resumed trading for the week on Monday on a positive trend, with the market capitalisation rising by N37 billion.
Security officers walk past the Johannesburg Stock Exchange (JSE) in Sandton, South Africa, March 30, 2020. REUTERS-Siphiwe Sibeko

Johannesburg Stock Exchange offers virus crisis relief

South Africa’s Johannesburg Stock Exchange (JSE) will offer temporary relief to companies in financial distress because of the coronavirus crisis, including cutting fees for new listings and extended payment terms, it said on Monday.
The Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk, has been elected into the board of the International Organisation of Securities Commissions, IOSCO.

SEC reopens, demands full disclosures from market operators

The Securities and Exchange Commission, SEC, has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market indices record first week loss of 1.27 per cent

The Nigerian Stock Exchange (NSE) on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stocks records ninth consecutive gain

The Nigerian stock market gained ground for the ninth day in a row, with the benchmark All Share Index (ASI) improving further by 0.87 per cent to settle at 24,354.25 points after oil price climbed above $31 per barrel on Thursday.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock indices grow by 0.30 per cent on first trading day in May

The Nigerian Stock Exchange (NSE) resumed trading for the month of May with an increase of 0.30 per cent just as the country eases lockdown.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market capitalisation gains N80 billion on last trading day of April

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last day of April with N80 billion gain, following sustained demand for blue chips.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock trading remains upbeat, market capitalisation up N58 billion

The Nigerian Stock Exchange (NSE) recorded a bullish performance on Tuesday with the market capitalisation improving by N58 billion following gains in high capitalised stocks.
A market to trade on should be the first decision to take. Stocks, ETFs and Forex are significantly different in terms of required skills, involved risks and potential profits.

How to develop your trading style, strategy

Every trader is a unique person with their specific traits and circumstances. That being said, a single one-fit-all approach to trading is impossible. So, the first thing every newcomer has to do is to define their preferable trading style and develop a relevant strategy that works for them.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market capitalisation loses N152 billion

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday inched lower by N152 billion, amid sell pressure in 27 stocks.

Capital market support committee sets up N1 billion funding package to combat coronavirus

The capital market community led by the Securities and Exchange Commission (SEC) has launched a funding initiative with the aim of raising N1 billion to support the fight against Coronavirus (COVID-19) on the Nigerian economy.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Experts: How Nigeria’s stock market will survive coronavirus pandemic

Some experts are optimistic that the capital market would recover from the devastating effect of the COVID-19 pandemic and rebound in 2021.

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