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) […]
The Nigerian equities market closed the trading week last Friday on a positive note as the Nigerian Exchange Limited (NGX) All Share Index or ASI rose by 0.23 per cent to close at 38,962.28pts. Similarly, the NGX-ASI closed up by 0.05 per cent week-to-date (WTD). At the close of trade last Friday, market breadth index […]
NGX Group trading floor The Nigerian bourse touched its peak volume level in months on Friday, with strength coming from tremendous trade activities in the shares of First Bank Holdings, which also reported its biggest daily volume since the inception of the year, accounting for 76 per cent of the total number of shares traded. […]
Eterna, Fidelity and, UBA In volume terms, the equity market in Nigeria was more than 50 per cent stronger in the just departed week and that ramped up the size of trade to 1.3 billion shares. But, for a market that has remained dominantly inactive since January, that level of liquidity seems hard to sustain […]
Nigerian Exchange Group (NGX) Transactions on the floor of Nigerian Exchange Limited (NGX) reversed gains to close on a downturn yesterday as losses in the shares of Eterna, and 16 others dragged market capitalisation by N30 billion. Specifically, at the close of trading yesterday, the All-Share Index (ASI) depreciated by 57.03 absolute points, representing a […]
Nigerian Exchange Group (NGX) The Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses incurred by most blue-chip stocks, especially by Champion Breweries and Eterna Plc, as market capitalisation depreciated by N83 billion. The All-share index slumped by 158.98 points to 39,326.67 from 39,485.65 posted on Friday. Similarly, market capitalisation of […]
Negative sentiments continued on the nation’s bourse on Wednesday with the market capitlisation dropping further by N6 billion following sell pressure of some blue chips. Speficially, the market capitalisation lost N6 billion or 0.03 per cent to close at N20.210 trillion compared with N20.216 trillion achieved on Tuesday. In the same vein, the All-Share Index […]
Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend yesterday, pushing the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 absolute points, representing an increase of 0.52 per cent to close at 38,418.04 points. Similarly, the overall market capitalisation value gained N104 billion […]
An upbeat in trading activities in the shares of Dangote Sugar (+4.2%), Union Bank (+3.7%), and FCMB (+8.1%) on Tuesday helped to claw back losses in the domestic equities market resulting in a gain of about N31 billion as market capitalisation rose to N19.623 trillion from N19.592 trillion recorded in the previous day’s close. The […]
Out of the 5 major indices of the Nigerian Exchange Group (NGX), the NGX Oil and Gas Index recorded the highest positive movement to reflect a growth of 38.28% in Half Year 2021. Albeit slight, the NGX Consumer Goods and NGX Insurance Indices recorded growth of 5.12% and 3.04% respectively, However, the NGX Banking Index […]
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