Nigerian Stocks Exchange (NGX) Nigeria stocks lengthened their uptrend on Tuesday, helped in part by investors increasing demand for telco stocks as well as for conglomerates and financial services shares, a broad-based progress culminating in a N252.4 billion gain. MTNN and Airtel continued to command investors’ interest and were joined United Capital and UACN in […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday sustained its positive sentiment, gaining N252.42billion as investors renewed interest in Airtel Africa Plc and 23 others.. The market positive performance was driven by price appreciation in large and medium capitalised stocks which are; Airtel Africa, MTN Nigeria Communications (MTNN), Ardova, Lafarge Africa […]
The Bangladesh Securities and Exchange Commission on Sunday asked Walton Hi-Tech Industries, Investment Corporation of Bangladesh and Berger Paints Bangladesh to offload more shares on the market to raise their free float shares up to 10 per cent. The BSEC issued three separate letters to the companies in this regard on the day. According to […]
Share prices of three large-cap companies on Monday declined significantly a day after the securities regulator asked them to increase free float shares up to 10 per cent of their paid-up capitals. On the day, the companies topped the chart of top 10 losers after losing share prices ranging between 6.13 per cent and 8.66 […]
MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. Shares of Berger Paints NSE -1.12 % (India) Ltd. traded at Rs 828.3 on BSE at 11:44AM (IST) on Monday, down 1.42 per cent from previous close. The stock quoted a […]
The Nigerian stock market gained N290bn at the end of trading last week as the All-Share Index of the Nigerian Exchange Limited rose by 1.48 per cent to 38,212.01 basis points. The market capitalisation increased to N19.92tn on Friday from N19.63tn the previous week. According to Cordros Research, buying interest in Nestle Nigeria Plc and […]
Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend yesterday, pushing the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 absolute points, representing an increase of 0.52 per cent to close at 38,418.04 points. Similarly, the overall market capitalisation value gained N104 billion […]
A file photo shows a man looking at a computer monitor displaying the stock prices at a brokerage house in Dhaka recently. Dhaka stocks in the past week advanced for the fourth week as investors continued buying shares, especially those of textile and pharmaceutical companies.— New Age photo Dhaka stocks in the past week advanced […]
Capital market. Photo: SHUTTERSTOCK The capital market closed trading for the First Half (H1) yesterday, in an upbeat as price gains outweighed losses, leading to an appreciation in the market capitalisation by N139 billion. At the close of trading, the all-share index (ASI) grew by 266.53 absolute points, representing an increase of 0.71 per cent […]
Nigerian Exchange Group (NGX) The increasing appetite for interim dividend-paying stocks has continued to propel transactions across all sectors on the Nigerian Exchange Limited (NGX), as investors’ wealth soared by N147 billion in three trading days. Specifically, the market capitalisation, which stood at N19.923 trillion when the market reopened for trading on Monday, rose by […]
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