Gains in Access bank, Guinness, 25 Others Lift Stock Market By N54bn

Gains in Access bank, Guinness, 25 Others Lift Stock Market By N54bn

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday ended the three-day investors’ profit-taking buoyed by bargain hunting in Access Bank Plc, Guinness Nigeria, and 25 others as the overall market capitalisation gained N54 billion. The overall market capitalisation size gained N54 billion to close at N25.411 trillion from N25.36 trillion it […]

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

The Nigerian equities market sustained a sliding profile at yesterday’s transactions, occasioned by losses in the shares of BUA Foods and 20 others, causing market capitalisation to dip further by N79 billion. Yesterday, the All-Share Index declined by 146.15 per cent, representing a decrease of 0.31 per cent, to close at 47,057.24 points. Similarly, the […]

Stock Market Drop N280bn on Profit-taking in Dangote Cement, 17 Others

Stock Market Drop N280bn on Profit-taking in Dangote Cement, 17 Others

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday dropped by N280billion on investors’ profit taking in Dangote Cement and 17 others. The NGX All-Share Index declined by 520.76 basis points or 1.12 per cent, to close at 46,009.23 points. Similarly, the overall market capitalisation value lost N280 billion to close at […]

Gains in BUA foods, 27 stocks lift capitalisation further by N28 billion

Gains in BUA foods, 27 stocks lift capitalisation further by N28 billion

Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion yesterday, amid sustained bargain hunting in BUA foods and 27 stocks. Specifically, the All-Share Index (ASI) increased by 42.71 absolute points, representing a growth of 0.10 per cent to close at 43,897.13 points. Similarly, the overall market capitalisation size […]

NGX: Index hits 44,000 mark on Dangote Cement surge

NGX: Index hits 44,000 mark on Dangote Cement surge

Nigerian Exchange [Photo Creadit: Business Live Nigeria] The bulls resurfaced on the Nigerian Exchange Ltd. on Wednesday, with the All-Share Index hitting the 44,000 mark following investors’ interest in Dangote Cement and 23 others. Specifically, the All-Share Index inched higher by 749.52 points or 1.71 per cent to close at 44,608.82 from 43,859.30 achieved on […]

Market capitalisation rises by N404 billion as bulls make rebound

Market capitalisation rises by N404 billion as bulls make rebound

The bulls regained dominance on the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip companies recorded price appreciation, causing market capitalisation to surge by N404 billion. Nigerian Exchange Limited (NGX) Specifically, at the close of transactions yesterday, the market capitalisation of listed equities increased by 1.71 per cent to N24.034 trillion from […]