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Bullish Run Persists As Stocks Market Gains N120bnThe bullish run on the Nigerian stocks market was sustained into the fifth consecutive session, yesterday, as the market capitalisation gained N120billion on investors taking advantage of the lower share prices. The All Share Index (ASI) was up by 323.15 absolute points, representing an increase of 1.07 per cent to close at 30,460.68 points. Similarly, […]
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Stock Market Recovers N235bn in Three Days as Bullish Trading Continues - THISDAYLIVEGoddy Egene The equities market has recovered N235 billion in the past three days following gains recorded by bellwether stocks. The market, which dipped last week, had opened this week on a positive note since Monday, leading to a gain of N235 billion in market capitalisation from N11.124 trillion to N11.329 trillion in three days. …
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Stocks Turn Red, Pound Finds Some PeaceConcern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment’s peace. Fresh news was thin as European trading got underway, but traders had more than enough to digest from last 24 hours […]
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Gaining Streak Sustains As 26 Equities AppreciateThe gaining streak in the Nigerian stock market was sustained into yesterday’s trading session as buying interest in 26 stocks drove the market up. The All- Share- Index (ASI) was up by 122.53 absolute points, representing an increase of 0.40 per cent, to close at 30,583.21 points. Similarly, market capitalisation increased by N46 billion to […]
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Brexit Defeat:Stocks Ride Out, Pound SteadiesWorld equity markets on Wednesday rode out the heavy parliamentary defeat for British Prime Minister Theresa May’s Brexit deal, as investors saw potential for legislative deadlock to force London to delay its departure from the EU. May’s government faces a no confidence vote on Wednesday after the shattering rejection left Britain’s exit from the European […]
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