Nigeria: Stock Market Appreciates By 0.41% As YTD Performance Hits 4.2%

Nigeria: Stock Market Appreciates By 0.41% As YTD Performance Hits 4.2%

The stock market of the Nigerian Exchange Limited (NGX) reversed prior day’s loss with a gain of 0.41 per cent amid investors renewed interest on 21 stocks. The market positive performance yesterday was driven by price appreciation in large and medium capitalised stocks, which are Nigerian Breweries Plc, Guinness Nigeria Plc, MTN Nigeria Plc, Cadbury […]

Stock Market Depreciates by N13bn on Investors’ Sell-off in NGX Group, Others

Stock Market Depreciates by N13bn on Investors’ Sell-off in NGX Group, Others

Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) depreciated by N13 billion in its Week-on-week (WoW) performance as bearish sentiment resurfaced on the domestic bourse. Investors profit-taking in Unilever Nigeria Plc, Nigerian Exchange Group (NGXGroup) and CUTIX Plc shares down the market capitalisation to N21.926trillion last week. Hence, the NGX All-Share Index […]

FBN Holdings Tops Stock Market Activity Chart with 73.06m Shares

FBN Holdings Tops Stock Market Activity Chart with 73.06m Shares

FBN Holdings Darasimi Adebisi Transactions in the shares of FBN Holdings (FBNH) topped the activity chart with 73.062 million shares valued at N906.755 million on the Nigerian Exchange Limited (NGX) yesterday. Followed was Guaranty Trust Holding Company with 25.039 million shares worth N715.263 million, while Universal Insurance traded 22.771 million shares valued at N4.919 million. […]

AXA Mansard, Chams others lead Exchange’s N51 billion loss

AXA Mansard, Chams others lead Exchange’s N51 billion loss

NSE. Photo: AFRICANBUSINESSCENTRAL Sell-offs in many blue-chip stocks, especially, AXA Mansard and Chams, halted the two trading sessions of upbeat on the Nigerian Exchange Limited (NGX) to reopen on a downward note yesterday, as market capitalisation depreciated by N51 billion. In summary, the All-Share Index (ASI), which measures the performance of quoted companies dipped by […]

Bull Returns As Equities Market Gains N382bn

Bull Returns As Equities Market Gains N382bn

The Nigerian stock market, yesterday, closed transactions on a positive note to halt the bearish sentiment of two consecutive trading days, as capitalisation gained N382 billion. Market analysts stated that, the upturn was buoyed by buy-interest on blue-chip stocks of the industrial, consumer goods, and banking sectors. The All Share Index (ASI) increased by 733.30 […]

Profit-takingPersist as Stock Market Open Week on Negative Note

Profit-takingPersist as Stock Market Open Week on Negative Note

Darasimi Adebisi The Nigerian equities market yesterday closed transactions for the first day in the new week on a negative note. The price depreciation was due to investors’ profit-taking sentiments in all the major indices except the consumer goods and banking indices. Consequently, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 6.16 basis […]