CATEGORY: NIGERIAN STOCKS

Nigerian Stocks 13/6/2017

Nigerian Stocks 13/6/2017

Daily performance of the Nigerian Stock Exchange for the trading day ended 13th June 2017. Nigerian stocks closed trading on a negative note as the...


Nigerian Stocks 12/6/2017: Stocks close lower as Ashaka Cement Pops

Nigerian Stocks 12/6/2017: Stocks close lower as Ashaka Cement Pops

Daily performance of the Nigerian Stock Exchange for the trading day ended 12th June 2017. Nigerian stocks closed trading on a negative note as the...


Nigerian Stocks 9/6/2017: Forte Oil gains 36% in three days

Nigerian Stocks 9/6/2017: Forte Oil gains 36% in three days

Daily performance of the Nigerian Stock Exchange for the trading day ended 9th June 2017. Nigerian stocks closed trading on a positive note as the...



Nigerian Stocks 8/6/2017: Seplat Pops 10%

Nigerian Stocks 8/6/2017: Seplat Pops 10%

Daily performance of the Nigerian Stock Exchange for the trading day ended 8th June 2017. Nigerian stocks closed trading on a positive note as the...


Nigerian Stocks 7/6/2017 – Forte Oil Breaks Past N50

Nigerian Stocks 7/6/2017 – Forte Oil Breaks Past N50

Daily performance of the Nigerian Stock Exchange for the trading day ended 7th June 2017. Nigerian stocks closed trading on a positive note as the...


Nigerian Stock Market Gainers and Losers  (7/06/2017)

Nigerian Stock Market Gainers and Losers (7/06/2017)

All share index rose by 1.88% as trading closed on a positive...


It’s over!! 9 day rally gives way to profit taking in the Nigerian Stock Exchange

It’s over!! 9 day rally gives way to profit taking in the Nigerian Stock Exchange

On Business Express today, the popular radio show on Smooth 98.1FM in Lagos, Rotus, the show host asked his guest Dolapo Ashiru when he...


MCSI Index re-balancing could inject steroids into an already charged Nigerian stock market

MCSI Index re-balancing could inject steroids into an already charged Nigerian stock market

Rebalancing  of the Morgan Stanley emerging market index could have a positive effect on the Nigerian Stock Exchange (NSE) this week. The All Share...


Nigerian Stocks: The bulls and bears of Monday June 5th 2017

Nigerian Stocks: The bulls and bears of Monday June 5th 2017

Consolidating on the massive gains recorded in the previous trading session, the NSE All-Share Index advanced by 3.85% to 32578.38 pts at the end...


Top 5 stocks in Nigeria based on YTD return; how they made it

Top 5 stocks in Nigeria based on YTD return; how they made it

The Nigerian stock market has been on a roll since the introduction of the forex window for investors and exporters back in April this...


Why Fidson may acquire May and Baker

Why Fidson may acquire May and Baker

Nairametrics| Though the Nigerian Stock Exchange has witnessed an uptick, stocks in the healthcare sector have typically being laggards. The pharmaceutical sector in particular...


Outstanding shares of all companies listed on the Nigerian Stock Exchange

Outstanding shares of all companies listed on the Nigerian Stock Exchange

The table below is the list of all the quoted companies listed on the Nigerian Stock Exchange as at April 30, 2017 and their...


Billions made as Nigerian stock market post best week since Buhari won election

Billions made as Nigerian stock market post best week since Buhari won election

The Nigerian All Share Index capped the week ended May 12 with one of the best runs we have seen in over 2...


What SEC says will happen to those who buy shares with false names

What SEC says will happen to those who buy shares with false names

Nairametrics| The Securities and Exchange Commission (SEC) has given a six month grace period to individuals who made illegal subscriptions of shares. After the...


Nigerian Stocks: Will the 5 day winning streak fizzle out soon?

Nigerian Stocks: Will the 5 day winning streak fizzle out soon?

Nairametrics| The Nigerian Stock Exchange closed the week ending May 5th 2017 on a winning streak as the bulls continue to secure wins in...


Why The NSE Wants More Transparent Funds And REITS

Why The NSE Wants More Transparent Funds And REITS

Nairametrics| The Nigerian Stock Exchange (NSE) recently issued amended guidelines for Closed-End Funds and Real Estate Investment Trusts (REIT). They are now to submit...


Is The London Stock Exchange Tapping Nigerian Companies?

Is The London Stock Exchange Tapping Nigerian Companies?

Nairametrics| The London Stock Exchange (LSE) recently released a list of the top 50 firms in Africa to watch out for. On the list...


The Nigerian Stock Exchange Needs To Stop This “Ritual”

The Nigerian Stock Exchange Needs To Stop This “Ritual”

Nairametrics| Every year, the Nigerian Stock Exchange (NSE) announces that it would fine companies who delay in submitting their results without any cogent reason. Companies...


When To Avoid Selling A Stock Before It’s Marked Down

When To Avoid Selling A Stock Before It’s Marked Down

Nairametrics| So let’s assume you buy a stock for N2.50 and it is currently trading at N3 per share. The stock proposes to pay a...


Is United Capital Experiencing A Bear Trap?

Is United Capital Experiencing A Bear Trap?

  Nairametrics| United Capital’s share price dropped for the 4th straight day as investors continued taking profits ahead of the company’s marked down date...


New Rule: Stocbrokers No Longer Need To Be Jack Of All Trades 

The Chartered Institute Of Stockbrokers (CIS) has rolled out a new certification programme whereby stock brokers can now focus on specializing in a particular...


Access Bank Divests From Stanbic IBTC Pension

In a statement to the Nigerian Stock Exchange (NSE), Access bank plc announced its divestment from Stanbic Ibtc Pension Managers Limited (SIPML). The divestment...


Does Staco Insurance Have A New Investor ?

Nairametrics|Staco Insurance Plc has witnessed heavy trades in its stock over the past one week. So far, over 100 million shares have traded since...


When Does One Walk Away From A Stock?

Nairametrics|Greed is one of the most repulsive, yet common human trait. It is also an essential quality needed for success as a trader in...


PSL/NSE Scandal: How The NSE Can Checkmate ‘Errant Stockbrokers’

PSL/NSE Scandal: How The NSE Can Checkmate ‘Errant Stockbrokers’

Nairametrics| Last week, the Nigerian capital markets was rocked with yet another scandal. A stockbroker, Mr Victor Ogiemwonyi was arraigned before a Federal High...


EFCC Charges Stockbroker To Court

EFCC Charges Stockbroker To Court

In perhaps the first example of the collaboration between the Securities and Exchange Commission (SEC) and the Economic And Financial Crimes Commission (EFCC), a...


Key Takeaways From The Nigeria Stock Exchange 2016 Review/2017 Outlook

Key Takeaways From The Nigeria Stock Exchange 2016 Review/2017 Outlook

The Nigerian Stock Exchange (NSE) yesterday held its 2016 review/2017 Outlook.  The event was a forum for the management of the NSE to brief...


2017 Outlook: Why Axa Mansard Stock Is A Good Buy

2017 Outlook: Why Axa Mansard Stock Is A Good Buy

Nairametrics|AXA Mansard is the largest company by capitalization on the NSE Insurance index, with a market capitalization of N17 billion Naira. France based, AXA...


Jaiz Bank to list on the NSE

Jaiz Bank to list on the NSE

Nigeria’s premier non-interest commercial bank, Jaiz bank has gotten the approval of the Nigerian Stock Exchange to list its shares. Shareholders had earlier given...


How Auditors Ensure Audited Results Are Ready Within Weeks Of Year End

How Auditors Ensure Audited Results Are Ready Within Weeks Of Year End

Nairametrics| As investors await the new earnings season companies quoted on the Nigerian Stock Exchange are already racing to become the first to release...