The stocks worth over one trillion lose N78.39 billion in market cap

The stocks worth over one trillion lose N78.39 billion in market cap

The combined market capitalization of the stocks worth over one trillion (SWOOT), depreciated by 0.56% to close at N13.92 trillion from N14.00 trillion the previous week. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Of the 5 stocks, only Dangote Cement depreciated by 1.8% to close at N245.00 […]

Stocks worth over one trillion lose N131.54 billion in market cap

Stocks worth over one trillion lose N131.54 billion in market cap

The combined market capitalization of the stocks worth over one trillion (SWOOT) depreciated by 0.95% to close at N13.79 trillion from N13.92 trillion the previous week, reflecting a loss of N131.54 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Of the 5 stocks, only Airtel Africa Plc […]

Chemical and Allied Products Plc Lists 88.25m Additional Shares; NGX Delists Portland Paints

Chemical and Allied Products Plc Lists 88.25m Additional Shares; NGX Delists Portland Paints

We refer to our Market Bulletin of 1 July 2021, with reference number: NGXREG/LRD/MB22/21/07/01, wherein the market was notified of the suspension placed on trading in the shares of Portland Paints and Products Nigeria Plc (Portland Paints) as a result of the Scheme of Merger between Chemical and Allied Products Plc (CAP Plc) and Portland […]

Stock trading volume crashes by 78%, investors lose N51bn

Stock trading volume crashes by 78%, investors lose N51bn

Stock market activities on Monday declined as trading volume and value of shares dropped by 77.99 per cent and 73.49 per cent respectively, with investors losing N51.03bn as trading ended. The Nigerian Exchange Limited, formerly Nigerian Stock Exchange All-Share index dropped by 0.25 per cent to close at 38,864.33 basis points from 38,962.28bps. The market […]

Loses in Chams, International Breweries Drives Stock Market Lower

Loses in Chams, International Breweries Drives Stock Market Lower

Eromosele Abiodun The Nigerian equities market closed lower at the close of trading yesterday as the Nigerian Exchange Limited (NGX) All-Share Index or ASI, which sjows the direction of the market decreased by 0.12 per cent to close at 39,204.52pts. Yesterday’s performance was mainly due to the losses recorded in SCOA Nigeria Plc (-9.72%), VERITASKAP […]