Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish (2900 Views)
| Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by phosky(op): 8:33am On Aug 10, 2017 |
NSE MARKET INCREASES BY 0.38% TO HIT 38,000 MARK, AMID BULLISH source : http://www.eyesoflagos.com/2017/08/nse-market-increases-by-038-to-hit.html Activities on the equities market on the Nigerian Stock Exchange (NSE) for the seventh consecutive day, yesterday sustained bullish run with the All-Share Index (ASI) rising by 0.38 per cent to cross the 38,000 mark. In summary, the All Share Index gained 144.46 absolute points, representing a loss of 0.38 per cent to close at 38,144.02 points. Similarly, the market capitalisation increased by N50 billion, to close at N13.147 trillion. The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Nestle, Guinness, Presco, PZ Industries and Dangote Flour. Market breadth was negative, with 21 gainers versus 23 losers. Guinness recorded the highest price gain of 10.23 per cent, to close at N87.50 per share. Jaiz Bank followed with a gain of 10 per cent to close at 88 kobo, while Nahco gained 9.97 per cent, to close at N3.75 per share. Dangote Flour appreciated by 9.55 per cent to close at N7, while Vitafoam went up by 5.02 per cent to close at N2.93 per share. On the other hand, Champion Breweries led the losers’ chart by 9.32 per cent, to close at N2.53 per share. Livestock followed with a loss of five per cent to close at 95 kobo, while Conoil declined by 4.97 per cent to close at N32.86 per share. Continental Reinsurance depreciated by 4.51 per cent to close at N1.27 and Eterna declined by 4.50 per cent to close at N3.61 per share. The total volume traded increased by 50.6 per cent to 328.65 million shares, worth N6.10 billion, and traded in 4,983 deals. source : eyesoflagos
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| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by SeniorZato(m): 8:39am On Aug 10, 2017 |
FTC I dedicate this FTC to my new born baby. Abdullah |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by lafuria1(m): 8:43am On Aug 10, 2017 |
nice, no idea but if the owners of this business are happy, we are good. |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by Nobody: 8:46am On Aug 10, 2017*. Modified: 3:21pm On Aug 10, 2017 |
Anything dat has to do with d economy of Nigeria, I dnt read them. I rather stick pins in my eyes than to read such a long write-up filled with what I call radio money, of which we won't benefit from. In short. Fuvk buhari & fuvk all our leaders |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by marquay: 8:47am On Aug 10, 2017 |
Wow i understand nothing |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by Caustics: 8:47am On Aug 10, 2017 |
goodmandgreat: if you wont read the news read the dictionary at least. Be careful so that you dont stick nails in your eyes instead of pins. |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by Nobody: 8:49am On Aug 10, 2017 |
a |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by jericco1(m): 8:51am On Aug 10, 2017 |
Not sure how it affects me positively. |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by marvin902(m): 8:54am On Aug 10, 2017 |
nice..buh if am correct am just seeing private companies making more money ![]() |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by maclatunji: 8:55am On Aug 10, 2017 |
The stock exchange's All Share Index is about to cross the important psychological 40,000 mark. The last time it did this was 2008. Haters keep whining, the Buhari government is fixing the fundamentals of the economy and it is beginning to show. |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by Rajosh(m): 9:33am On Aug 10, 2017 |
stock market is booming. I'm becoming interested in the stock market. |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by HAH: 10:45am On Aug 10, 2017 |
Don't be deceived the Nigerian stock market from history has proven to be where stock brokers will lure public to shore the price of there share and later sell, then they wlll crash it I would rather invest in real estate once bitten twice shy |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by bejeria101(m): 11:05am On Aug 10, 2017 |
Even with the dullards body odour and sista kemi phonetics,13trn naira! Oluwa is involve. |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by aprokomania(m): 11:08am On Aug 10, 2017 |
would someone be nice enough to teach me how to trade stocks please? |
| Re: Nse Market Increases By 0.38% To Hit 38,000 Mark, Amid Bullish by b03liberty(m): 11:19am On Aug 10, 2017 |
marquay:Read it carefully and attentively. I bet you, you will be surprise how understandable it is. |
Petrol subsidy increases by 2,000% in one year • Nse Market Capitalisation Increases By N208bn • 38,000 Companies De-registered For Failing To File Returns • 2 • 3 • 4
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if you wont read the news read the dictionary at least. Be careful so that you dont stick nails in your eyes instead of pins.