Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday halted its previous five consecutive day positive outing to close on a negative note for the first time in the year as the All-Share Index declined by 0.09 per cent. The NGX All-Share Index declined by 37.83 per cent or 0.09 per cent, […]
Tag: XNSA_ETERNA
Nigerian Stocks Suffer First Loss in 2022, Down 0.09%
By Dipo Olowookere The Nigerian Exchange (NGX) Limited turned red on Tuesday following activities of profit-takers, which weakened the local bourse by 0.09 per cent at the close of business. It was the first loss Nigerian stocks were witnessing in 2022 as the five previous trading sessions have all ended in the positive territory. What […]
Equity market sheds N33bn
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 […]
High cap stocks’ loss pulls market down by 0.12% as Investors lose N29bn
Equities trading at the Nigerian Exchange Limited (NGX) on Monday was bearish as negative outing by some high capitalised stocks pushed the market lower. Specifically, the benchmark index dipped by 0.12 per cent to peg the All Share Index (ASI) at 44,399.66 basis points, bringing both the month-to-date and year-to-date outings to stand at 3.94 […]
Nigerian stocks dip as investors book profit
Nigerian Stock Exchange Market Nigerian stocks fell 0.12 per cent as investors took profit in newly admitted BUA Foods, which had garnered over 59 per cent until the end of last week when gains began to plateau. Major declines were also reported by Transcorp and NGX Group on a day that trade volume tumbled by […]
Investors Lose N29bn on Cautious Trading
By Dipo Olowookere The bears maintained grip on the Nigerian Exchange (NGX) Limited on Monday, causing the market to further decline by 0.12 per cent at the close of transactions. Selloffs inspired by weak investor sentiment dominated the local bourse yesterday amid cautious trading as traders watch closely happenings in the political space, which is […]
Investors Lose ₦30bn As Nigeria’s Stock Market Crash
Investors on Monday lost the sum of thirty billion Naira as the Nigeria stock market crashed by 0.12 per cent at the close of the day’s business. It was gathered that the Nigeria stock market which lost thirty billion Naira on Monday dropped from ₦23.95 trillion to ₦23.92 trillion on Monday. The All-Share Index after […]
Nigerian stocks post first 2022 loss as investors dump consumer goods’ shares
Floor of the Nigerian Stock Exchange Nigerian stocks depreciated by 0.09 per cent on Tuesday in their worst show since year start as investors dumped food and beverages stocks led by Nestle and Nigerian Breweries, and partial profit-booking weighed. Drop in the share prices of NGX Group and UBA strengthened the loss, with the underwhelming […]
NGX investors lose N7 billion amid Yuletide sell-offs
Preparations for Yuletide have continued to take a toll on the equities sector of the Nigerian Exchange Limited (NGX) as investors’ wealth depreciated further by N7 billion. Specifically, the All-Share Index declined by 13.74 per cent, representing a decrease of 0.03 per cent, to close at 42,230.48 points. Similarly, the overall market capitalisation value lost […]
Lafarge, Others Join Meristem Value Index as FBN, Honeywell Exit
By Dipo Olowookere Nigerian Exchange (NGX) Limited has rejigged its market indices, with some companies leaving and joining, according to a statement made available to Business Post . It was stated that the review became effective from Tuesday. January 4, 2022, and the affected indices are the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate […]