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Bullish sentiment in stocks may wane this week
Nigerian Stock Exchange *As banking sector uplifts market By Nkiruka Nnorom The bullish sentiment driven by banking stocks in the stock market last week may be checkmated this week, if the
Bears return to stock market as Q1 earning season nears end
STOCK Investors lose N416bn By Nkiruka Nnorom The end of the first quarter 2021, Q1’21, earnings season as well as investors’ profit booking may have combined to reinstate bearish positions in
Stock market extends gains as capitalisation rises by N59b
The stock market extended positive sentiments to four consecutive trading sessions to close at an upbeat, yesterday, as market capitalisation increased further by N59 billion. The post Stock market extends
A basic knowledge of The Nigerian Stock Exchange demutualisation
The recent news of the demutualisationof the Nigerian Stock Exchange flooded the markets with great excitement following its long anticipation. But while a welcome development, a lot of investors
What Demutualisation of the Nigerian Stock Exchange Means
Demutualization is coined from the word “Mutual”. A mutual organization is an association set up by members to satisfy their narrow interest or to serve public interest under a
Nigerian stock market advances further by 0.53%
The local bourse maintained positive sentiment on Thursday with the market indices growing further by 0.53 per cent due to investors’ interest in Stanbic IBTC and MTN Nigeria. Speficially, the
Monetary policy, corporate results spur equity performance
*Investors gain N368bn By Peter Egwuatu The stock market swung back into positive territory yesterday following the retention of the Monetary Policy Rate, MPR, at 11.5 per cent by the Central
Stock Exchange’s Holdco structure
Meanwhile, the Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC). With these approvals, the
Stock Market: Local investors dominate transactions in January with N185bn
*Market opens March with N69bn gains CAPITAL MARKET By Nkiruka Nnorom Local investors continued their dominance in the Nigerian Stock Exchange (NSE) in January, injecting N184.94 billion on equities during
Stock market in reverse mode, loses N1.36trn in February
The stock market ended last month in a full reverse mode, losing N1.38 trillion as investors’ preference shifted to the fixed income market in response to an 186 per cent
