Trading activities on the floor of the Nigerian Exchange Limited (NGX), yesterday, witnessed a drop in share prices as bears regained grip following profit taking. The stock market had, during the previous day, recorded appreciable gain. The market breadth closed positive with 21 gainers against 16 losers. Consequently, the NGX All-Share Index dipped 6.14 basis […]
Day trading guide for Wednesday: Indian stock market shifted into a consolidation movement on Tuesday post-sharp weakness of Monday. Nifty 50 went off 43 points and closed at 17,324 levels whereas BSE Sensex shed 166 points and closed at 58,117 levels. Nifty Bank lost 31 points and closed at 36,893 mark. According to stock market […]
The Nigerian Stock Exchange building (image used for illustration) [Reuters/Akintunde Akinleye] Activities in the domestic equities market carried on last week’s bearish performances with the indices dropping by 0.38 per cent, amid sell pressure. Thus, the All-Share Index declined by 159.31 points or 0.38 per cent to close at 42,008.60 from 42,167.91 on Friday. Consequently, […]
The domestic equities market sustained its bearish trend on Wednesday due to losses recorded by MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation inched lower by N75 billion or 0.34 per cent to close at N22.050 trillion from N22.125 trillion recorded on Tuesday. Also, the All-Share Index lost 144.35 points or 0.34 […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited appreciated by 0.20 per cent on Friday, driven gain in Dangote Cement shares and others during the session. The All-Share Index (ASI) increased yesterday by 83.08 points to 42,353.31 points from 42,270.23 points, while the market capitalisation rose by N50 billion to N22.107 trillion from N22.057 trillion. […]
Good day, Nigeria, welcome to Naija News roundup of business/finance news headlines for today Tuesday, December 21st, 2021. Nigerian stocks’ rise on Monday could hardly pass as gain as the benchmark index managed to add 0.1 per cent amid a drop in the volume of trade by 30 per cent. The little appreciation would not […]
Floor of the Nigerian Stock Exchange Nigerian stocks posted loss for the fourth day in a row on Thursday, declining 0.51 per cent as sell-offs in bellwether stocks including Seplat, MTNN, GTCO and Zenith triggered the pullback. All the five sector indexes tracked by the bourse contracted, with the oil and gas index taking the […]
High transactions in the shares of Oando, FBN Holdings and Guaranty Trust Holding Company (GTCO) lifted the volume of shares traded last week, as a turnover of 3.435 billion shares worth N30.9 billion was recorded in 21,109 deals by investors. A breakdown of activities on the Nigerian Exchange Limited (NGX), last week, indicated that the […]
As the year winds down, companies are beginning to issue their earnings forecast for the quarter ahead, which to a considerable extent will give investors a view of things to come. Yet, what will probably offer the best assurance for sound investment decisions at this time are sound fundamentals that can broaden companies earnings power […]
Nigerian equities saw a weak movement in price movement for the second day on the trot on Tuesday, inching up by as little as 0.01 per cent even though the quantity of shares traded rose by 94 per cent when set beside what was recorded on Monday. Investors placed sell orders on millions of shares […]
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