Nigerian stocks came under further pressure on Wednesday as the all-share index dropped 0.09 per cent, a retreat that means the bourse has shed 2.7 per cent January to date. The market has been bearish lately and is yet to report a gain this week by reason of investors’ risk-off disposition to trade even regardless […]
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 […]
Nigerian Exchange Group (NGX) Following sustained sell-off in the shares of most highly capitalised stocks, the Nigeria Exchange Limited (NGX), extended losses to three consecutive trading sessions yesterday, as investors’ wealth depreciated further by N25 billion. At the close of trading yesterday, the All-Share Index (ASI), dipped by 46.77 absolute points, representing a decline of […]
Nigerian Stock Exchange Investors Lose N24bn As Stock Market Extend Decline The equities market of the Nigerian Exchange Limited sustained its decline for the third straight day as investors lost N24.37bn at the end of trading on Wednesday. The NGX All-Share Index declined by 0.12 per cent, closing at 39204.52 basis points from 39,251.29bps the […]
By Dipo Olowookere A total of 1.4 billion shares worth N13.1 billion were traded last week by investors in 19,315 deals on the floor of the Nigerian Exchange (NGX) Limited, data obtained by Business Post showed. The turnover recorded at the exchange last week was more than the 1.3 billion stocks worth N8.7 billion transacted […]
Equities trading at the Nigerian Exchange Limited (NGX) opens the week in the red zone as selloffs in banking stocks weigh down the benchmark index to reverse previous trading gains. Accordingly, on Monday, the All-Share Index (ASI) ended the trading session 0.1 per cent lower at 38,906.42 basis points, owing to depreciation recorded in the […]
The Nigerian equities market commenced the week on a negative note yesterday following drive by investors to take profit in banking and insurance shares. Accordingly, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 37.45 basis points, representing a decline of 0.10 per cent, to close at 38,906.42 basis points. Similarly, the market capitalization […]
Darasimi Adebisi The Nigerian equities market yesterday closed trading activities in the green, to halt the six-days of consecutive bearish trend. The market upturn was due to investors’ renewed buying interest in the Financial and Industrial sectors, as capitalisation gained N2 billion. In summary, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew by 4.88 […]
Nigerian Exchange Group (NGX) The Nigerian equities market reversed losses to close in an upward note yesterday, as the All-Share Index appreciated by 0.2 per cent. Specifically, the All-Share Index (ASI) grew by 68.01 absolute points, representing a rise of 0.2 per cent, to close at 39,252.19 points. Similarly, the overall market capitalisation value gained […]
The Nigerian Equities Market halted its three days negative outing to close on a positive note, owing to bargain buying in Dangote Cement and Access Bank shares. On Thursday, the All Share Index of the Nigerian Exchange Limited (NGX) inched up by 0.17 per cent to bring the bourse at 39,252.19 basis points. This outing […]
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