The Nigerian Stock Exchange crucial market indices maintained positive trend on Thursday for the fourth consecutive days, rising by 0.40 per cent.
Specifically, the market capitalisation which opened at N11.174 trillion rose by N64 billion or 0.57 per cent to close at N11.238 trillion.
The Nigerian Stock Exchange on Monday said the Federal Government raised N1.16 trillion from the nation’s bourse in 2018 to finance fiscal and infrastructure deficits.
The market value of the Cement Company of Northern Nigeria, having gained 110 per cent at the close of trading on December 31, 2018, increased to N254,983,918,740.40 billion shortly after the merger with BUA Group’s Kalambaina Cement…
The Nigerian Stock Exchange on Monday listed the supplementary shares of Cement Company of Northern Nigeria following its merger with BUA Group’s Kalambaina Cement Company.
Activities closed for the week on the Nigerian Stock Exchange on a positive trend following gains recorded by some highly capitalised stocks after two consecutive days losses.
The News Agency of Nigeria reports that the market capitalisation lost N27 billion or 0.24 per cent to close at N11.165 trillion against N11.192 trillion achieved on Wednesday.
Specifically, Mobil lost N8.80 to lead the losers’ table to close at N151.20 per share.
Specifically, the index, which opened at 30,614.73, rose by 103.99 points or 0.34 per cent to close at 30,718.72.
Similarly, the All-Share Index which opened at 30,798.76 on Monday rose by 208.49 points or 0.68% to close at 31,007.25 due to some price gains.
In the same vein, the market capitalisation shed N28 billion to close at N11.243 trillion, compared with N11.271 trillion on Friday.
Okolie told the News Agency of Nigeria on Sunday in Abuja that local content could be developed with direct engagement of indigenous engineers by Nigerian governments.
An analysis of the price movement table shows that Eterna Oil led the losers’ table with a loss of 50k to close at N4.95 per share.