Tag Archives: NSE

Profit Taking Resumes’ As NSE Market Indicators Went Down By 2.77 Percent

Activities on the floor of Nigerian Stock Exchange (NSE) on Monday which was the last trading day for the month of July 2017 witnessed profit taking among investors that have made profits in their respective stock dragging the key market indicators down by 2.77 percent, while the year to date return stood at 33.37 percent. The All Share Index closed …

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After MPC meeting, NSE hits N12trn — first time since 2015

The Nigerian Stock Exchange (NSE) for the very first time since the Goodluck Jonathan administration, crossed the N12 trillion market capitalisation mark. This occured on Tuesday after the Central Bank of Nigeria monetary policy committee voted to hold key interest rates at 14 percent for 12 months consecutively. The MPC also decided to hold cash reserve ratio (CRR) and liquidity …

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Tax Default: SEC to Sanction Capital Market Operators, Public Limited Companies

The Securities and Exchange Commission (SEC) in a circular culled from its website wishes to inform all Capital Market Operators (CMOs) and Public Limited Company (PLCs) on a new executive order by the Federal Government of Nigeria to comply with the new rule of Taxpayers on Voluntary Assets and Income Declaration Scheme (VAIDS) or face penalty. The SEC is encouraging …

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NSE Key Indicators Sustains Momentum With 1.86 Percent Increase On Monday

Trading on the floor of Nigerian Stock Exchange (NSE) on Monday closed on a positive note as the key market indicators sustained its appreciation which started from the first week in the month of July 2017. The All Share Index (NSE ASI) and the Market Capitalization increased by 1.86 percent, while the Year-to-Date return stood at 28.94 percent. The All …

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NSE Market Indicators Opens Monday on Positive Note Gains 0.12%

Despite regulatory allegation confronting Oando Plc, trading on the floor of Nigerian Stock Exchange (NSE) on Monday closed on a positive note, as key market indicators went up as witnessed last week. The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.12 percent, while the Year-to-Date return stood at 23.91 percent. The All Share …

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NSE Goes Live with Nasdaq SMARTS Market Surveillance Technology

The Nigerian Stock Exchange (NSE) has officially launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. According to a joint statement by Olumide Orojimi Head, Corporate Communications at the NSE and Ryan Wells of Nasdaq, which was made available to Financial Edge, explained that the technology will, amongst other things, enable NSE to proactively monitor market …

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NSE emerges world’s best performer in June

The Nigerian Stock Exchange (NSE) has emerged top, as it closed the world’s best performer in June. An analysis of 16 selected stock markets across America, Europe, Africa and Asia by researchers from FSDH Merchant Bank put the NSE All-Share Index (ASI) firmly at the top of the chart with a month-on-month (MoM) increase of 12.27 per cent. The NSE …

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NSE Indicators Still Positive, Up by 0.80 Percent on Thursday

The positive momentum which started on Monday continued for the fourth trading day in the second week in the month of July as the Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 0.80 percent on Thursday, while the Year-to-Date return stood at 23.71 percent. At the close of business, the All Share Index closed …

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Market Indicators Sustains Gains on Wednesday By 0.47 Percent

Again trading on the floor of Nigerian Stock Exchange (NSE) on Wednesday shows that key market indicators sustained its gain by 0.47 percent while the Year-to-Date return stood at 22.72 percent. The All Share Index closed at 32,981.63 against the previous close of 32,827.98 while Market Capitalization closed at ₦11.367 trillion against previous close of ₦11.314 trillion. Volume traded increased …

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