NIGERIA: Volatility Continues At NSE As Market Losses N5bn

Photo Credit: Google

The floor of the Nigerian Stock Exchange (NSE) on Tuesday continued on a downward slide after dropping shares by N5billion. At the trading floor, the market capitalisation of listed equities declined further by 0.05 per cent to N10.948 trillion from N11.953 trillion that was reported on Monday. According to reports, the NSE All-Share Index also… Continue reading NIGERIA: Volatility Continues At NSE As Market Losses N5bn

NIGERIA: Red Star Express Plc Stock Peaks At Daily Market Summary

Photo Credit: Google

The Nigeria Stock Exchange at the close of its trading today, closed the trading floor in red, as the All Share Index ended the trading session at 31,042.32 basis points, down 0.31%, with the trading’s Year To Date (YTD) index down to 1.24% On the list of top gainers on the trading floor, Red Star… Continue reading NIGERIA: Red Star Express Plc Stock Peaks At Daily Market Summary

ETHIOPIA: Boeing Stock Plunges After Ethiopia Airline Crash

Photo Credit: Facebook Community

The most sold Modern Passenger Aircraft in the world, the Boeing 737 Max family, is currently under scrutiny from stakeholders, following two crashes in 5 months with the latest Ethiopian Airline Boeing-737-800 Max crash; a crash which claimed the lives of 157 passengers and crew on-board from around 33 countries. Gathered intelligence and information concerning… Continue reading ETHIOPIA: Boeing Stock Plunges After Ethiopia Airline Crash

NIGERIA: NSE Top Gainers; Access Bank And UBA’s FY Results Fail To Influence YTD

Photo Credit: AccessBank's Website

The Nigerian Stock Market closed its trading for the week on the negative side with the All Share index ending the session at 31,142.72 basis points, down with 0.2percent. Despite the release of the FY 2018 results of both UBA ( which allowed for its position in the ranking) and Access Bank; which both had… Continue reading NIGERIA: NSE Top Gainers; Access Bank And UBA’s FY Results Fail To Influence YTD

NIGERIA: NSE Loses $233.12 Million In 6 Hours Following The Re-election Of The President

Following the announcement of the results of the Nigerian Presidential elections with the results of the polls indicating incumbent President Muhammadu Buhari’s early leads in the polls, the Nigerian Stock Exchange on its trading floor has lost the sum of $233.12 million in six hours. The stock market downslide was attributed to profit taking as… Continue reading NIGERIA: NSE Loses $233.12 Million In 6 Hours Following The Re-election Of The President