By Dipo Olowookere The Nigerian Exchange (NGX) Limited further appreciated by 1.01 per cent on Thursday amid renewed interest in local stocks, with Dangote Cement, Cadbury Nigeria and others enjoying the patronage of investors. This sustained growth is making the All-Share Index (ASI) inch closer to 46,000 points as it further grew by 460.38 points […]
By Dipo Olowookere The market had a breather on Tuesday, appreciating by 0.58 per cent after the previous day’s poor performance as a result of cautious trading. Yesterday, the aggressive purchase of GTCO stocks and others provided the needed succour, though traders are still monitoring happenings in the political space as the nation prepares to […]
NGX building used to illustrate the story The nation’s bourse extended its losing streak on Friday by N81 billion on sustained profit taking. Specifically, the market capitalisation inched lower by N81 billion or 0.34 per cent to close at N23.951 trillion from N24.032 trillion recorded on Thursday. Also, the All-Share Index dipped 150.97 points or […]
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The bulls resurfaced on the Nigerian Exchange Ltd. on Wednesday, with the All-Share Index hitting the 44,000 mark following investors’ interest in Dangote Cement and 23 others. Specifically, the All-Share Index inched higher by 749.52 points or 1.71 per cent to close at 44,608.82 from 43,859.30 achieved on […]
The Nigerian equities market yesterday shed N2 billion on investors’ profit taking in 15 stocks after the massive gaining streak recorded the previous day. The All-Share Index declined by 4.08 per cent, representing a decrease of 0.01 per cent, to close at 44,604.74 points. Similarly, the overall market capitalisation value lost N2 billion to close […]
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, […]
Equities reversed previous gains to close on a downturn yesterday, occasioned by losses from many blue-chip stocks, especially NEM insurance and Custodian and Allied Insurance, causing market capitalisation to decline by N2 billion. At the close of transactions on the Nigerian Exchange Limited (NGX), yesterday, market capitalisation of listed equities declined slightly by N2 billion […]
At the Nigerian Exchange Limited (NGX), the dominance of the bulls ensured to kick off the first trading week of 2022 on a strong footing, as the benchmark index recorded gains in all trading sessions this week. Precisely, the All-Share Index advanced by 2.7 per week-on-week to close at 43,854.42 basis points. During the week […]
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 […]
By Dipo Olowookere The last trading session of this week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note as the local bourse shed 0.34 per cent on Friday. Renewed profit-taking influenced the decline posted by Customs Street as traders offloaded equities mainly in the industrial and insurance sectors, causing […]
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