Nigerian equities saw a weak movement in price movement for the second day on the trot on Tuesday, inching up by as little as 0.01 per cent even though the quantity of shares traded rose by 94 per cent when set beside what was recorded on Monday. Investors placed sell orders on millions of shares […]
By Dipo Olowookere Nigerian stocks returned to the territory of the bears on Tuesday after depreciating by 0.01 per cent at the close of transactions by 2:30 pm. Renewed profit-taking in Oando, Access Bank, UBA, UAC Nigeria and 11 others weakened the market and caused the All-Share Index (ASI) to decrease by 6.14 points to […]
Price losses recorded by some companies in the petroleum marketing subsector, especially MRS and Eterna oil yesterday dragged the All-Share Index (ASI) by 0.01 per cent. Specifically, at the close of transactions yesterday on the Nigerian Exchange Limited (NGX), the ASI declined by 6.14 per cent, representing a decrease of 0.01 per cent, to close […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday closed on a negative note with a decline of 0.01 per cent as investors’ take profit in MRS Oil Nigeria Plc, Eterna Plc and 19 other stocks. The stock market performance of yesterday witnessed Eterna dropping by 9.91, MRS Oil Nigeria depreciated by […]
Sustained Sell Pressure Trims Stock Investors’ Wealth by N34bn By Dipo Olowookere The wealth of stock investors in Nigeria was trimmed by N34 billion on Thursday after the Nigerian Exchange (NGX) Limited further depreciated by 0.15 per cent. Sustained sell pressure extended the stay of the bears on Customs Street by another trading session as […]
Darasimi Adebisi The stock market of the Nigerian Exchange Limited (NGX) appreciated by N165billion in its Wee-on-Week performance as investors renewed interest in Nigerian Exchange (NGX) Group, Nigerian Breweries Plc, BUA Cement Plc, Total Nigeria Plc and Stanbic IBTC holdings Plc. The stock market witnessed four days of trading activities as the Federal Government declared […]
Investors Photo: PIXABAY Investors have received over N732 billion from dividend payout by 58 companies across 10 sectors listed on Nigerian Exchange Limited (NGX) in nine months. A breakdown of the N732.91 billion dividend paid so far by listed firms on the exchange showed that out of the 58 companies, 21 emerged from the financial […]
The market breadth closed negative with 20 losers, against 18 gainers [Reuters/Akintunde Akinleye] Trading at the domestic bourse started the week on Monday still on negative mood, taking the bearish sentiment to six consecutive trading sessions. The price depreciation was due to profit-taking sentiments in all the major sectors except the consumer goods and banking […]
The Nigerian Exchange (NGX) closed trading on Tuesday in green to halt the six-day consecutive bearish trend with a marginal growth of N3 billion. The market upturn was due to investors’ renewed buying interest in the financial and industrial sectors. Consequently, the market capitalisation inched higher by N3 billion or 0.01 per cent to close […]
Darasimi Adebisi The Nigerian equities market yesterday closed transactions for the first day in the new week on a negative note. The price depreciation was due to investors’ profit-taking sentiments in all the major indices except the consumer goods and banking indices. Consequently, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 6.16 basis […]
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