POPULARITY
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further by 0.71 per cent each.Market watchers attributed the development to renew of confidence as bargain hunters leverage undervalued stocks.Consequently, the All-Share Index gained 148.07 basis points or 0.71 per cent to close at 21.073.26 as against 20.925.19 recorded the previous day.The market capitalisation of equities appreciated by N77bn or 071 per cent to close at N10.982tn from N10.905tn as market sentiment remained in the green zone. Meanwhile, a turnover of 3646.4 million shares exchanged in 4,660 deals was recorded in the day’s trading.Premium subsector was the most active (measured by turnover volume); with 149.3 million shares exchanged by investors in 2,328 deals.--- Support this podcast: https://anchor.fm/newscast-africa/support
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further by 0.71 per cent each. Market watchers attributed the development to renew of confidence as bargain hunters leverage undervalued stocks. Consequently, the All-Share Index gained 148.07 basis points or 0.71 per cent to close at 21.073.26 as against 20.925.19 recorded the previous day. The market capitalisation of equities appreciated by N77bn or 071 per cent to close at N10.982tn from N10.905tn as market sentiment remained in the green zone. Meanwhile, a turnover of 3646.4 million shares exchanged in 4,660 deals was recorded in the day’s trading. Premium subsector was the most active (measured by turnover volume); with 149.3 million shares exchanged by investors in 2,328 deals. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices
Equities market closed friday on a negative note, as NSE ASI depreciated by -2.45% to close at 32,122.14 basis points, as against -1.64% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +19.53% CBN Forex Supply Hits $7.136bn in Four Months. Interbank rate drops on N152.6b T-Bills, forex refund. Rising Nigeria oil output double-edged sword for economy. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Equities market closed friday on a negative note, as NSE ASI depreciated by -2.45% to close at 32,122.14 basis points, as against -1.64% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +19.53% CBN Forex Supply Hits $7.136bn in Four Months. Interbank rate drops on N152.6b T-Bills, forex refund. Rising Nigeria oil output double-edged sword for economy. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/africanperspective/support
Equities market closed friday on a negative note, as NSE ASI depreciated by -2.45% to close at 32,122.14 basis points, as against -1.64% depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at +19.53% CBN Forex Supply Hits $7.136bn in Four Months. Interbank rate drops on N152.6b T-Bills, forex refund. Rising Nigeria oil output double-edged sword for economy. --- Send in a voice message: https://anchor.fm/africabusinessnews/message Support this podcast: https://anchor.fm/africabusinessnews/support
MTN seeks to raise billions through IPO, Manufacturing PMI Declines to 42.1% in August from 44.1% in July 2016 - CBN, Power companies to clear future debts with corporate bonds- Trekker, Kenya, Rwanda sign free trade pact with Europe, Global currency trading shows first contraction since 2001, says BIS, Manufacturing PMI shocks with a sharp fall into contraction territory, MARKET WRAP: JSE closes weaker as retailers lose ground, NSE-ASI records 3-day gain, hits above 28,000bpts as bellwethers end bullish, Oil and gas production schedules for East Africa --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
MTN seeks to raise billions through IPO, Manufacturing PMI Declines to 42.1% in August from 44.1% in July 2016 - CBN, Power companies to clear future debts with corporate bonds- Trekker, Kenya, Rwanda sign free trade pact with Europe, Global currency trading shows first contraction since 2001, says BIS, Manufacturing PMI shocks with a sharp fall into contraction territory, MARKET WRAP: JSE closes weaker as retailers lose ground, NSE-ASI records 3-day gain, hits above 28,000bpts as bellwethers end bullish, Oil and gas production schedules for East Africa --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/africanperspective/support
MTN seeks to raise billions through IPO, Manufacturing PMI Declines to 42.1% in August from 44.1% in July 2016 - CBN, Power companies to clear future debts with corporate bonds- Trekker, Kenya, Rwanda sign free trade pact with Europe, Global currency trading shows first contraction since 2001, says BIS, Manufacturing PMI shocks with a sharp fall into contraction territory, MARKET WRAP: JSE closes weaker as retailers lose ground, NSE-ASI records 3-day gain, hits above 28,000bpts as bellwethers end bullish, Oil and gas production schedules for East Africa --- Send in a voice message: https://anchor.fm/africabusinessnews/message Support this podcast: https://anchor.fm/africabusinessnews/support