On Wednesday, the Nigerian equities market halts the bearish trend as gains from high capitalised stock lift the market to a positive close. Despite trading in the negative zone for most of the day, late interest in bellwethers such as Nestle Nigeria, Dangote Cement and Presco ensured the market ended in the positive territory. Precisely, […]
Nigerian stocks exchange. Nigerian stocks made a resounding rebound on Wednesday, climbing 1.89 per cent in its biggest performance in many days, which saw equities generally appreciate by N382 billion. The benchmark index touched its peak since August 19, drawing support from investors’ vast demand for the shares of FBN Holdings, Nestle and Dangote Cement. […]
Buy-interests in Dangote Cement Plc shares today led to a gain of N272.65 billion in market value as positive sentiments around the shares of the cement maker triggered a 6.53% growth in share price at the close of trading activities on the Nigerian Stock Exchange. At the close of the market today, data revealed that […]
SWOOT The bears and the bulls of the combined market capitalization of stocks worth over one trillion (SWOOT) remained at an impasse at the end of the week as they maintained their previous weeks market capitalization of N13.84 trillion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. MTNN […]
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 […]
Thursday, September 23, 2021/7:05 PM/By Adaeze Nwachukwu, Proshare Research/Header Image Credit: EcoGraphics Proshare Nigeria Pvt. Ltd. The cement market rebounded in H1 2021 Post COVID-19, supported by increase demand despite the reduction in real disposable income. The H1 2021 performance of the major players in the product market supports this argument. Going Technical The technical […]
The combined market capitalization of the stocks worth over one trillion (SWOOT), depreciated by 0.56% to close at N13.92 trillion from N14.00 trillion the previous week. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Of the 5 stocks, only Dangote Cement depreciated by 1.8% to close at N245.00 […]
The combined market capitalization of the stocks worth over one trillion (SWOOT) depreciated by 0.95% to close at N13.79 trillion from N13.92 trillion the previous week, reflecting a loss of N131.54 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Of the 5 stocks, only Airtel Africa Plc […]
Darasimi Adebisi 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, while Nigerian Exchange Limited (NGX) All-Share Index (ASI) […]
Nigerian Stock Exchange Investors Earn N733bn Dividends In Nine Months Investors have received over N732 billion from dividend payout by 58 companies across 10 sectors listed on Nigerian Exchange Limited (NGX) in nine months. A breakdown of the N732.91 billion dividend paid so far by listed firms on the exchange showed that out of the […]
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.