Tag archive for ‘Nigerian stocks’
By metro On Monday, February 12th, 2018

Nigerian stocks drop for sixth session to one month low

Nigerian stocks shed 1.5 percent on Monday in late trades to drop to one month low as investors sold off shares from the relatively liquid banking sector.  The stock market, hit by a global risk-off sentiment, More...

By metro On Monday, January 29th, 2018

Foreigners Pile Into Nigerian Stocks, New York ETF as Oil Climbs

Nigeria’s stocks have been among the world’s best-performers in the past four months, and foreign investors are a big reason for that.   Net foreign inflows to Nigerian equities totaled 337 billion naira ($940 More...

By metro On Thursday, January 11th, 2018

Nigerian stocks rise to 9-year high as funds buy shares

Nigeria’s main stock index rose to above 43,000 points on Thursday, a level last seen in October 2008, after local and foreign funds bought shares across several sectors.  Stocks have gained strongly in January, More...

By metro On Monday, October 9th, 2017

Nigerian stocks climb to six-week high

Nigerian stocks climbed 1.3 percent on Monday to hit a six-week high after its biggest listed firm Dangote Cement and some consumer goods companies gained. The main share index rose for the fourth straight day on More...

By metro On Friday, September 15th, 2017

Nigerian stocks fall to seven-week low

Nigerian stocks dropped 1.45 percent in late trades on Friday to more than a seven-week low, as investors turned bearish on equities and sold off shares across the board, led by Dangote Cement. Nigeria’s biggest More...

By metro On Tuesday, August 15th, 2017

Nigerian stocks down to almost two-week low

Nigerian stocks fell on Tuesday to a near two-week low, dragged down by losses in banking, cement and fast moving consumer good sectors, as some investors took profits from previous gains in the market, traders More...

By metro On Monday, July 24th, 2017

Nigerian stocks hit 2-year high on earnings hopes

Nigerian stocks climbed to more than two year highs on Monday, lifted by gains in Dangote Cement as investors piled into the shares in anticipation of its half-year earnings. Dangote Cement, which accounts for a More...

By metro On Friday, June 30th, 2017

Nigerian stocks shed gains as funds prepare H1 accounts

Nigerian stocks fell on Friday after a two-day rally, as asset managers booked profit ahead of their half-year fund returns, traders said. The index fell 1.07 percent by mid trades, down to 32,000 level, dragged More...

By metro On Thursday, June 29th, 2017

Nigerian stocks rally for second day to one-week high

Nigerian stocks rallied for a second day on Thursday to a one- week high as shares in the relatively liquid banking sector gained ahead of half-year earnings, traders said. The index rose 1.4 percent by mid-day More...