Nigerian Exchange Group (NGX) Following sustained sell-off in the shares of most highly capitalised stocks, the Nigeria Exchange Limited (NGX), extended losses to three consecutive trading sessions yesterday, as investors’ wealth depreciated further by N25 billion. At the close of trading yesterday, the All-Share Index (ASI), dipped by 46.77 absolute points, representing a decline of […]
Nigerian Stock Exchange Investors Lose N24bn As Stock Market Extend Decline The equities market of the Nigerian Exchange Limited sustained its decline for the third straight day as investors lost N24.37bn at the end of trading on Wednesday. The NGX All-Share Index declined by 0.12 per cent, closing at 39204.52 basis points from 39,251.29bps the […]
By Dipo Olowookere A total of 1.4 billion shares worth N13.1 billion were traded last week by investors in 19,315 deals on the floor of the Nigerian Exchange (NGX) Limited, data obtained by Business Post showed. The turnover recorded at the exchange last week was more than the 1.3 billion stocks worth N8.7 billion transacted […]
Equities trading at the Nigerian Exchange Limited (NGX) opens the week in the red zone as selloffs in banking stocks weigh down the benchmark index to reverse previous trading gains. Accordingly, on Monday, the All-Share Index (ASI) ended the trading session 0.1 per cent lower at 38,906.42 basis points, owing to depreciation recorded in the […]
The Nigerian equities market commenced the week on a negative note yesterday following drive by investors to take profit in banking and insurance shares. Accordingly, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 37.45 basis points, representing a decline of 0.10 per cent, to close at 38,906.42 basis points. Similarly, the market capitalization […]
By Adedapo Adesanya Transactions on the floor of the NASD Over-the-Counter (OTC) Securities Exchange closed in the bullish zone on Tuesday, September 21 after a 0.72 per cent growth driven by the positive price movements in four companies. Niger Delta Exploration and Production (NDEP) Plc led the price gainers yesterday with an appreciation of N15 […]
Darasimi Adebisi The Nigerian equities market yesterday closed trading activities in the green, to halt the six-days of consecutive bearish trend. The market upturn was due to investors’ renewed buying interest in the Financial and Industrial sectors, as capitalisation gained N2 billion. In summary, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew by 4.88 […]
Market Sheds 0.02% as SCOA Nigeria Leads Losers’ Chart By Dipo Olowookere Sustained profit-taking weakened the Nigerian Exchange (NGX) Limited by 0.02 per cent on Monday, leaving the All-Share Index (ASI) down by 6.16 points to 38,915.62 points from 38,921.78 points. Also, the selling pressure further depleted the market capitalisation yesterday by N3 billion to […]
Nigerian Exchange Group (NGX) The Nigerian equities market reversed losses to close in an upward note yesterday, as the All-Share Index appreciated by 0.2 per cent. Specifically, the All-Share Index (ASI) grew by 68.01 absolute points, representing a rise of 0.2 per cent, to close at 39,252.19 points. Similarly, the overall market capitalisation value gained […]
The Rivers State Government has declared three persons wanted for allegedly engaging in criminal activities. According to a government special announcement, the trio were also accused of harassing contractors handling government project in the state. The statement issued on Wednesday was signed by Special Assistant to the Rivers State Governor on Media, Kelvin Ebiri. The […]
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