Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) closed on a positive note last week as investors renewed interest in blue chips listed companies. Amid the bargain hunting activity on the NGX All-Share Index rose week-on-week (W-o-W) by 470.34 basis points or 1.12 per cent to close at 42,353.31 basis points. Similarly, […]
Bearish sentiments dominated the local bourse last week, as the market recorded losses on four of the five trading sessions following profit-taking activities. Accordingly, the All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) declined 53.74 points or 0.12 per cent week-on-week (W-o-W) to 43,199.27 basis points, just as investments of equities investors reduced by […]
The Nigerian stock market opened for four trading days this week as the Federal Government of Nigeria declared Thursday 1st October 2020 a Public Holiday. The All-Share Index appreciated by 2.53% while Market Capitalization appreciated by 2.55% to close the week at 26,985.77 and N14.105 trillion respectively. Investors gained a whopping N350.12bn. A total turnover […]
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