As we review the general performance of the year 2021, it is crucial that we also weigh the performance of our equities investment against the average inflation rate of the year to help gauge the worthiness of such investments. The Nigerian Exchange Limited (NGX) closed the year on a positive note appreciating by 6.07% year […]
The Nigerian stock market ended on the right note on Wednesday as the likes of Airtel, Oando and several others gained two hundred and forty-three billion Naira before the end of the day. The stoke market on Wednesday saw all the share index increase by 1.05 per cent to close at 43,476.75 from 43,026.23 posted […]
Nigerian stocks jumped for the fifth straight trading session on Monday, pushing the benchmark index up by 0.10 per cent and bringing it close to its summit in the roughly four years since January 29, 2018. Investors continued to warm to the shares of the bourse latest arrival BUA Foods, which had been steering every […]
Equities reversed previous gains to close on a downturn yesterday, occasioned by losses from many blue-chip stocks, especially NEM insurance and Custodian and Allied Insurance, causing market capitalisation to decline by N2 billion. At the close of transactions on the Nigerian Exchange Limited (NGX), yesterday, market capitalisation of listed equities declined slightly by N2 billion […]
The reign of the bulls continued unabated on the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip stocks, especially BUA Foods and Academy Press join the league of gainers, resulting in a further rise in the All-Share Index (ASI) by 0.3 per cent. Specifically, the market capitalisation of listed equities increased by […]
For the first time in several months, the consumer goods industry outperformed the financial sector, dominating in volume terms at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX), It led the activity chart with 1.255 billion shares valued at N51.9 billion in 2,581deals, thus contributing 61.9 per […]
At the Nigerian Exchange Limited (NGX), the dominance of the bulls ensured to kick off the first trading week of 2022 on a strong footing, as the benchmark index recorded gains in all trading sessions this week. Precisely, the All-Share Index advanced by 2.7 per week-on-week to close at 43,854.42 basis points. During the week […]
Equities Following gains recorded by virtually all the blue-chip stocks, the Nigeria Exchange Limited (NGX) rebounded yesterday, as the All-Share Index appreciated by 0.6 per cent Yesterday, the market capitalisation of listed equities increased by 0.6 per cent to N24.059 trillion from N23.921 trillion reported the previous day. The NGX All-Share Index also grew by […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited turned red on Tuesday following activities of profit-takers, which weakened the local bourse by 0.09 per cent at the close of business. It was the first loss Nigerian stocks were witnessing in 2022 as the five previous trading sessions have all ended in the positive territory. What […]
By Dipo Olowookere The last trading session of this week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note as the local bourse shed 0.34 per cent on Friday. Renewed profit-taking influenced the decline posted by Customs Street as traders offloaded equities mainly in the industrial and insurance sectors, causing […]
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