As the name suggests, fixed odds betting is ‘fixed’ – you will always know before you place the bet the possible outcomes, and how much you stand to win or lose. Spread betting is very different – you may lose a lot, win a lot, or win or lose a little depending on how accurate [...]
The Market Today 08/09/09
Hope of early stock market recovery dimmed further today as the market capitalization of the Nigeria Stock Exchange declined by N48.01 billion or 0.97 percent to close the market at N4,906.65 from N4,954.66 yesterday.
Similarly, the Nigerian bench mark All share index depreciated by 0.97 percent to close at 21,404.75 from 21,614.15 yesterday..
Market [...]
About The Market Today 02/09/09
The clean up exercise in Nigerian banks embarked upon by the Central Bank of Nigeria (CBN), has continued to take its toll on the Nigeria Stock Market as equity prices continued its downwards trend.
At the close of trading today, the benchmark All share index declined 167.07 points or 0.74 percent to [...]
About The Market Today 26/08/09
The bull consolidated their hold on the stock market today pushing up the market capitalization of the Nigerian Stock Exchange (NSE) by N113.60 billion to close at N5,382.30 billion.
After losing N519 billion last weeks, following reactions to the Central Bank of Nigeria’s (CBN) removal of the managing director of five banks, [...]
About The Market Today 25/08/09
The Nigerian Stock Market made a surprise rebound yesterday and today as some discerning investors took advantage of low prices of bank and insurance stocks among others.
As anxiety and panic grew among investors, low demand weakened stock prices last week.
At the close of trading today, the All share index, which shows [...]
About The Market Today 24/08/09
Activities on the stock market commenced today on an encouraging note with much hope for sustainability of the trend for the week, the bull are equally bracing up to overcome any challenges that may come their way, judging by the performance been established today.
At the close of trading today, the All [...]
About The Market Today 21/08/09
Hopes that the Nigerian stock market would return to profitability dimmed today as all market indices closed in red.
Investors have since Monday reacted negatively to the Central Bank of Nigeria (CBN) governor’s decision to fire five bank’s executives, citing various irregularities.
At the close of trading today, the All share index, which [...]
About The Market Today 20/08/09
The capitalization of equities fell further by N92.83 billion to close lower at N5,083.28 billion, down from N5,176.11 billion the previous day.
13 Stocks appreciated today lower than 17 stocks that appreciated yesterday.
Market patronage in terms of Volume of shares exchanged by investors drop by 48.10 million ordinary shares or 11.79 percent [...]
About The Market Today 19/08/09
The market capitalization of the Nigerian Stock Exchange (NSE) shed N138.46 billion yesterday as the removal of the executive managements of the five banks continued to reverberate at the stock market.
The capitalization of equities fell further by N138.46 billion to close lower at N5,176.11 billion, down from N5,314.57 billion the [...]
About The Market Today 12/08/09
The downward trend of equity prices on the floor of The Nigerian Stock Exchange (NSE) persisted today. This has continuously impacted negatively on the major market indices as reflected at the close of trading activities for the day.
The Nigerian Stock Exchange (NSE) all share index which is the major barometer for [...]
