Tags: Stock Market

Sunu Assurances Nigeria, Zenith Bank and GT Bank accounts for 772.902 m shares to the total equity turnover volume

During the week, the management of the floor of the Nigerian Stock Exchange (The NSE) published traded data shown the Sunu Assurances Nigeria Plc, Zenith Bank Plc and Guaranty Trust Bank Plc top other equities by volume accounted for 772.902 million shares worth N7.841 billion in 2,050 deals, contributing 55.99% and 51.76% to the total…

Nem Insurance, UBA, Mansard Insurance accounted for 360.623mn shares by volume on the floor of NSE

The management of the trading floor of the Nigerian Stock Exchange (NSE) in the week released traded data showed the top three equities namely – Nem Insurance Plc, United Bank for Africa Plc and Mansard Insurance Plc by volume accounted for 360.623 million shares worth N1.967 billion in 970 deals, contributing 31.45% and 15.68% to…

NSE All-Share Index appreciated by 2.28% to close the week at 34,020.37

The management of the trading floor of the Nigerian Stock Exchange (NSE) in the trading data released over the weekend shown that NSE All-Share Index appreciated by 2.28% to close the week at 34,020.37 while Market Capitalization stood at N11.725 trillion respectively. AdvertisementSimilarly, all other Indices finished higher during the week with the exception of…

FX reserves sink as Naira Takes Advantages, stock market hits new high

Advertisement Nigerian economy is currently experiencing mixed fortunes, but more of the indices are positive, due to the activities of the Central Bank of Nigeria, and the restoration of investors’ confidence. Nigerian naira gained on Friday to trade at about 370 per dollar at the parallel market, while the British pound and European euro went…

Kenya Tops Nigeria in Stock-Trading for the First Time

By Neo Khanyile, Bloomberg News  The value of shares traded on the Kenyan stock exchange surpassed Nigeria’s for the first time on record in September, as foreign investors shunned the West African economy, battered by militant attacks on oil facilities and shortages of foreign exchange. The value of shares traded on Nigeria’s exchange fell to…