At the end of today’s trading session, International Breweries Plc share price depreciated by 2.63% to close at N5.55 per share, taking the Market capitalization from N153.11 billion to N149.08 billion. International Breweries Plc, today, 5th November 2021 recorded a loss in share price which can be attributed to investors’ negative sentiment which triggered sell-pressures […]
Tag: XNSA_CHAMPION
Nigerian Breweries Plc loses N12 billion in value in one day
Nigerian Breweries Plc products Nigerian Breweries Plc, the most capitalized brewery quoted on the exchange, witnessed a depreciation in share price by 286 basis points to close at N51.00 per share, taking the market capitalization from N419.84 billion to N407.84 billion. The brewery today, recorded a loss in share price which can be attributed to […]
Nigerian stocks halt five-day slide as bank shares lead rally
Nigerian stocks were back to winning way on Monday after three trading days of consecutive decline as investors employed a risk-off approach to investment in a session that saw the benchmark index push up by 0.16 per cent, with banking stocks driving the climb. FBN Holdings , Zenith and GTCO set the advance in motion, […]
NGX Market Capitalisation Expands 0.14% to N22.576trn
By Dipo Olowookere It was a busy trading day on the floor of the Nigerian Exchange (NGX) Limited on Monday as the market closed 0.14 per cent higher, putting an end to the losses reported in the past three consecutive sessions. News of the acquisition of Honeywell Flour Mills by a rival company, Flour Mills […]
Nigerian Exchange Extends Rally, Gains 0.12%
By Dipo Olowookere The bulls extended their stay on the floor of the Nigerian Exchange (NGX) Limited on Wednesday following a 0.12 per cent growth, which was largely driven by MTN Nigeria, GTCO, Oando and Honeywell Flour Mills. Business Post reports that despite the positive outcome of the market, investor sentiment still remained negative as […]
Investors Lose N56bn As Equities Market Sustains Bearish Performance
Investors lost N56 billion in value as the Nigerian equities market yesterday sustained its bearish performance to end the last trading day in August 2021 on decline. Sell pressures in highly capitalised stocks brought the market lower by 0.27 per cent as market capitalisation declined to N20.434 trillion. The All Share Index (ASI) fell by […]
Stock Market Decline By N82.83bn On Profit-taking
Nigerian Stock Exchange Stock Market Decline By N82.83bn On Profit-taking Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion from N20.57trillion it opened for trading, […]
Buying Interest in MTN Nigeria, 13 Others Lift Stock Market by N24.92bn
Darasimi Adebisi The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications (MTN) and 13 others. At the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at […]
NGX ends August bearish as capitalisation dips further by N56bn
Nigerian Exchange Group (NGX) Transactions on the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, to end trading for the month of August lower, as sell-pressure in highly capitalised stocks dragged market capitalisation further by N56 billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) fell by 107.06 points or […]
NGX drops further by 0.27% on month-end rebalancing
Negative trading persisted on the Nigerian Exchange (NGX) Ltd on Tuesday with key market indices dropping further by 0.27 per cent due to end of month rebalancing. Consequently, the NGX All-Share Index closed the last trading day in August negative, dropping 108.06 points or 0.27 per cent to 39,218.61 from 39, 326.67 on Monday. Accordingly, […]