The domestic equities market sustained its bearish trend on Wednesday due to losses recorded by MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation inched lower by N75 billion or 0.34 per cent to close at N22.050 trillion from N22.125 trillion recorded on Tuesday. Also, the All-Share Index lost 144.35 points or 0.34 […]
The domestic equity market index Tuesday continued its bearish run declining by 6.14 basis points to close at to 42388.57 points, down from 42394.71 points traded the previous day. Market capitalisation of listed equities droped slightly by N3 billion or 0.01 per cent to N22.125 trillion from N22.128 trillion reported on Monday. Investors’ traded 275.930 […]
Following gains recorded by many blue-chip companies, especially Airtel Africa and Oando, the equities market sustained a rising profile yesterday, as market capitalisation appreciated further by N450 billion. At the close of trading yesterday, the All-Share Index (ASI), which measures the performance of quoted companies, rose by 450.52 points or 1.0 per cent to 43,476.75 […]
Nigerian Stock Exchange The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by 528.15 points, representing a growth of 1.26 per cent to 42,411.12 points. Accordingly, investors gained N276 billion in […]
The Nigerian Stock Exchange building (image used for illustration) [Reuters/Akintunde Akinleye] Activities on the nation’s bourse kicked off the first trading session of the year on a positive note due to bargain hunting on BUA Cement. Specifically, the All-Share Index advanced by 309.79 points or 0.73 per cent to close at 43,026.23 against 42,716.44 recorded […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further closed bearish on Wednesday by closing 0.34 per cent lower on the back of sustained selling pressure. Business Post reports that shares in the banking, energy and industrial goods sectors were the major cause of the decline suffered by the local bourse at the midweek session. […]
Transaction value on the floor of Nigerian Exchange (NGX) Thursday shed N46 billion. Specifically, market capitalisation of listed equities declined by 0.20 per cent to N22.056 trillion from N22.102 trillion reported the previous day. The NGX All Share Index also depreciated by 87.13 basis points to 42270.23 points from 43357.36 reported pm Wednesday. Investors traded […]
NGX trading Sentiments in the domestic bourse turned negative on Thursday with a loss of N46 billion due to profit-taking activities in top cement player – Dangote Cement. Specifically, the market capitalisation shed N46 billion or 0.21 per cent to close at N22.056 trillion from N22.102 trillion posted on Wednesday. Also, the All-Share Index lost […]
Nigerian stocks Nigerian stocks upped by 0.77 or N171.7 billion on Tuesday, an auspicious start for trade in the new year, even though there are still concerns around the chronically depressed levels of trade volume, which crumbled by more than half compared to that of Friday By the agency of gains recorded by BUA Cement […]
NGX Insurance Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday extended its investors’ profit-taking position on the heels of sell pressure on MTN Nigeria, Guaranty Trust Holdings Company Plc, Zenith Bank Plc and 31 other stocks. The likes of MTN Nigeria dropped by 1.1 per cent to close at N169.20, while […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.