Consumer sector displaces financial industry, lifts turnover by 62%

Consumer sector displaces financial industry, lifts turnover by 62%

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 […]

Equities rebound as index appreciates by 0.6 per cent

Equities rebound as index appreciates by 0.6 per cent

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 […]

Price Appreciation in BUA Foods, Lafarge Africa, Others Drive Stock Market by N70bn

Price Appreciation in BUA Foods, Lafarge Africa, Others Drive Stock Market by N70bn

BUA Cement Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) gained N70 billion on sustained bargain hunting in BUA Foods, Lafarge Africa, Nigerian Exchange Group (NGXGroup), UAC of Nigeria (UACN), United Capital and 20 other stocks. The appreciation drives NGX All Share Index (ASI) by 131.19 basis points or 0.30 per cent […]