Nigerian stocks halt three-day surge in a multi-sectoral retreat
The index rose to its peak since September 2008 on Tuesday, helped by an investment exuberance that saw energy giant ...
The index rose to its peak since September 2008 on Tuesday, helped by an investment exuberance that saw energy giant ...
The all-share index jumped 486.54 basis points to 47,111.21.
NGX Group led the advance, drawing support from GTCO and oil palm processor Presco.
FBN Holdings and some other bank equities led the recovery.
Year to date, the index is up 7.55 per cent.
Nigerian Breweries and FBN Holdings led the retreat, with UBA, UCAP and GTCO strengthening loss.
Investors’ stronger risk appetite means trade volume scaled up by 10 per cent.
The all-share index fell 0.12 per cent.
Nigerian stocks slide after sell pressure on Dangote Cement, GTCO
Meyer and Julius Bergen are also on the list.
Investors continued to warm to the shares of the bourse latest arrival BUA Foods.
The all-share index rose 0.57 per cent.
The index has seen a 5.18 per cent gain January to date.
The advance mostly derived strength from appreciation in the shares of MTNN, Seplat, UBA, Access, ETI, GTCO and Sterling Bank.
The index has seen a 4.34 per cent gain January to date.
Big bank stocks including GTCO, FBN Holdings, Access and Zenith as well as MTNN set the decline in motion.
The all-share index eased 0.51 per cent.
Zenith led the slide supported by GTCO, and Union Bank.
Nigerian Breweries, Seplat and GTCO, helped set the slide in motion.
FBN Holdings, Zenith and GTCO set the advance in motion, supported by food giant Nestle.
The all-share index rose 0.52 per cent.
GTCO and Zenith, Nigeria’s two biggest lenders by market capitalisation, accounted most for the drop as investors were more willing ...
The insurance sector was at the far back of performance of the five sector indexes tracked by the bourse.
The uptrend continued to rely on exploding demand for the shares of FBN Holdings.
Wednesday’s advance rested on the performances of FBN Holdings, GTCO, UBA, Access and Champion Breweries, with a couple of mid-cap ...
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