The Nigerian equities market sustained a sliding profile yesterday, occasioned by losses in many blue-chip stocks, especially, Cornerstone Insurance and Universal Insurance, causing market capitalisation to depreciate further by N1 billion. However, the volume of activities increased by 144.981 million as investors traded 355.935 million shares valued at N2.871 billion in 4241 deals against 210.954 […]
Access Bank Stocks were moderately weaker in the just-concluded week, further surrendering to the sheer force of desperation by some investors to cash in on recently accumulated gains ahead of others. The trend is having vile implications for sentiment, and that could be worsened by the gloom already created by absence of investors’ cash needed […]
Darasimi Adebisi The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications (MTN) and 13 others. At the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at […]
Darasimi Adebisi The equities market of the Nigerian Exchange Limited (NGX) yesterday closed trading activities on a positive note, halting the three consecutive trading losses as investors’ investment went up by N11 billion. The positive performance was driven by investors’ buy-interest in Insurance, Oil & Gas, and Consumer Goods stocks listed on the NGX. Consequently, […]
Nigerian Exchange Group (NGX) Transactions on the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, to end trading for the month of August lower, as sell-pressure in highly capitalised stocks dragged market capitalisation further by N56 billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) fell by 107.06 points or […]
Negative trading persisted on the Nigerian Exchange (NGX) Ltd on Tuesday with key market indices dropping further by 0.27 per cent due to end of month rebalancing. Consequently, the NGX All-Share Index closed the last trading day in August negative, dropping 108.06 points or 0.27 per cent to 39,218.61 from 39, 326.67 on Monday. Accordingly, […]
Darasimi Adebisi Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion from N20.57trillion it opened for trading, while Nigerian Exchange Limited (NGX) All-Share Index (ASI) […]
The Nigerian equities market yesterday closed transactions on a negative sentiment to halt the bullish sentiment of two consecutive trading sessions at the close of trade last Friday, as investors lost N51.03billion. The downturn was buoyed by investors’ sell-sentiment on the Insurance and Industrial Goods sector. In summary, the Nigerian Exchange Limited (NGX) All-Share Index […]
Nigerian Exchange Group (NGX) Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, causing market capitalisation to dip further by N17 billion. Yesterday, the All-Share Index (ASI) shed 32.57 absolute points, representing a decrease of 0.08 per cent to close at 38,873.85 […]
The Chairman of Seplat Energy Plc, Dr Bryant Orjiako has made a total of N14.66 billion in 8 months through his shareholding in the company. Ambrose Bryant C. Orjiako currently holds 37,818,522 units of Seplat Plc shares, which is 6.43% of the total shares outstanding listed on the Nigerian Exchange. The majority of his gains […]
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