Tuesday, September 28, 2021 / 08:22 AM / by Coronation Research / Header Image Credit: Ecographics Now that we are almost three-quarters through the year, Nigeria stock market investors might want to take a look at what factors and sectors have driven the market’s performance and why. Proshare Nigeria Pvt. Ltd. FX Last week, the […]
While choosing the right shares to trade can be a tedious exercise for many investors, we have provided a comprehensive list of the 5 best shares to buy in Nigeria right now, based on information from the NGX’s top-traded companies. Honeywell Flour Mill is a manufacturer and marketer of various wheat-based products which range from […]
Nigerian Stocks Exchange (NGX) Nigerian stocks were close to flat trading at the end of Tuesday’s trade as the benchmark gauge edged down by 0.01 per cent. An upside to trade came from a 277 per cent expansion in volume, made possible by vigorous activities in the shares of Honeywell Flour, which accounted for as […]
Monday, September 27, 2021 / 02:43 PM / by Afrinvest Research / Header Image Credit: Titan FX Market Last Week (Our Observations) In line with our expectations, the local bourse extended its positive performance as investor sentiment improved. Accordingly, the All-Share Index rose 5bps w/w to 38,962.28 points while YTD loss improved to -3.2% and […]
•GTCO, UBA, FBN lead stock trading By Taofik Salako, Deputy Group Business Editor Investors appeared to be taking positions in Nigeria’s leading banks ahead of the release of the third quarter earnings. Trading in the shares of three top tier banks- Guaranty Trust Holding Company (GTCO), United Bank for Africa and FBN Holdings accounted for […]
Equity investors on the Nigerian Exchange Limited, formerly Nigerian Stock Exchange, gained N9.59bn at the end of trading on Friday with 28 companies recording growth in their share prices. The NGX All-Share Index and market capitalisation appreciated by 0.05 per cent to close the week at 38,962.28 basis points and N20.30tn respectively from 38,943.87bps and […]
Capital market analysts expect that equities would close positive this week as investors position ahead of the release of third (Q3) earnings by quoted companies. Analysts at Cowry Assets Management Limited said that “In the new week, we expect the equities market index to close in positive territory as investors take position ahead of companies’ […]
Darasimi Adebisi Trading activities on the stock market of the Nigerian Exchange Limited (NGX) yesterday closed on a negative note, dropping by N11 billion to take losses to the third consecutive day. The negative sentiment was driven by investors’ profit-taking sentiments in the banking and consumer goods indices on NGX. In summary, the NGX All-Share […]
Floor of the Nigeria Stock Exchange. Nigerian stocks encountered more strain on Wednesday as the benchmark index slowed 0.05 per cent to its lowest point in more than six weeks and trading activity remained subdued, stoking fears that the turning point needed for the market to reverse its negative year-to-date yield is not yet in […]
Eterna, Fidelity and, UBA In volume terms, the equity market in Nigeria was more than 50 per cent stronger in the just departed week and that ramped up the size of trade to 1.3 billion shares. But, for a market that has remained dominantly inactive since January, that level of liquidity seems hard to sustain […]
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