Transactions on the Nigerian Exchange Limited (NGX) continued in an upbeat mood yesterday, as gains in 30 stocks lifted market capitalisation further by N69 billion. Specifically, market capitalisation of listed equities increased by 0.27 per cent to N25.480 trillion from N25.411 trillion reported on Wednesday. Also, the NSE All Share Index, which measures the performance […]
Tag: XNSA_ACADEMY
NGX Index Rebounds by 0.85% as Oando Gains 10%
By Dipo Olowookere Transactions on the floor of the Nigerian Exchange (NGX) Limited closed bullish on Thursday with a 0.85 per cent growth inspired by Oando, which appreciated by 10.00 per cent. The company led the price gainers’ chart of 23 members yesterday after its share price closed at N5.17 compared with the preceding day’s […]
Equity market gains N318bn
The nation’s equity market yesterday closed on positive note, appreciating by N318 billion or 1.28 per cent to N25.073 trillion from N24.755 trillion reported the previous day. The NGX All Share Index (ASI) also appreciated by 590.48 basis points to 46529.99 points from 45939.51 points traded the previous day. Investors during the day traded 328.997 […]
Best performing consumer goods stocks in January 2022
At the end of January 2022, the Nigerian Exchange Limited (NGX) ended the month on a positive note amidst buy-interests and sell-pressures as the bulls dominated proceedings to suppress sell-pressures in the market. According to data from the Exchange, the ASI (All share Market Index) appreciated by 9.15% to close the month of January at […]
Stock Market Down N98bn onSell-off in MTN, Zenith Bank, 31 Others
NGX Group Kayode Tokede Investors’ profit-taking in MTN Nigeria, Zenith Bank Plc, 31 other stocks down the Nigerian Exchange Limited (NGX) by N98billion. The overall market capitalisation value yesterday lost N98 billion to close at N25.289 trillion from N25.387trillion it opened for trading. Consequently, the NGX All-Share Index declined by 180.5 basis points or 0.38 […]
Nigerian All-Share Index Crosses 47,000 points After 1.04% Rise
By Dipo Olowookere The Nigerian Exchange (NGX) Limited closed at a level last seen in August 2008 on Tuesday after it recorded a growth of 1.04 per cent. This pushed the All-Share Index (ASI) higher by 486.64 points to 47,111.21 points from 46,624.67 points and raised the market capitalisation by N489 billion to N25.387 trillion […]
Ecobank Emerges as Best-performing Stock of the Week
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further closed on a positive note last week, with the All-Share Index (ASI) rising by 0.55 per cent to 46,205.05 points and the market capitalisation appreciating by 0.54 per cent to N24.898 trillion. However, all other indices finished lower with the exception of main board, banking, AFR […]
Trading rebounds on NGX with N215 billion growth
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian stock market on Thursday returned to positive territory with capitalisation growing by N215 billion. The market capitalisation, which opened at N25.289 trillion inched higher by N215 billion or 0.85 per cent to close at N25.504 trillion. Also, the All-Share Index (ASI) increased by 399.14 points or […]
Market Falls as Investors Sell-off MTN, Lafarge, Others for Profit
By Dipo Olowookere The Nigerian Exchange (NGX) Limited posted a 0.38 per cent decline on Wednesday as a result of profit-taking in MTN Nigeria, Lafarge Africa, GTCO, Zenith Bank and 29 others. In the previous trading sessions, the nation’s stock market had risen to levels last seen in 2008 as a result of renewed confidence […]
Stock Market Gains N579bn in First Week Trading
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) maintained its positive trend last week as foreign and high network investors continued to take position in stocks with attractive dividend yields ahead of 2021 financial year dividend declarations. The stock market of NGX appreciated by N579billion in first-week trading in February as foreign […]