Investors at the Nigerian capital market parted with N19.614 billion to trade 1.785 billion shares in 27,822 deals this week. This surpassed the N19.08 billion coughed out by investors in exchange for 1.448 billion shares in 22,557 deals last week. Top NGX performing sector The Financial Services Industry was the top trading sector based on […]
Tag: XNSA_FIDELITYBK
Nigerian Equities Sustain Positive Vibes, Open Week Higher by 0.91%
By Dipo Olowookere The positive vibes seen at the Nigerian Exchange (NGX) Limited remained on Monday, January 31, 2022, with a further appreciation of 0.91 per cent. Data showed that buying pressure on Nigerian equities persistent at the last trading session of the first month of the new year, with interest in RT Briscoe, NGX […]
NGX moves 225.69 million shares worth N2.39 billion in bearish trading
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian Exchange Ltd. on Friday moved a total of 225.69 million shares worth N2.39 billion in 4,093 deals. This was against a turnover of 346.70 million shares valued at N3.83 billion exchanged in 4,952 deals on Thursday, a decrease of 34.90 per cent. Fidelity Bank was the […]
NGX gains N226 billion in last January trading
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The nation’s bourse opened the week on Monday upbeat to close its last trading day in January with a gain of N226 billion driven by high demand for shares of MTN Nigeria Communications (MTNN). Specifically, the market capitalisation, which opened the week at N24.898 trillion inched higher by […]
NGX: Market cap up by 1.04% as investors gain N262.1bn in eight hours
NGX: Market cap up by 1.04% as investors gain N262.1bn in eight hours | The Paradise News Shareholders at the Nigerian capital market pocketed N262.17 billion in just eight hours on Tuesday. This followed the rise in equity capitalisation by 1.04 percent at the close of the day’s trading. The development pushed up the equity […]
Nigerian All-Share Index Crosses 47,000 points After 1.04% Rise
By Dipo Olowookere The Nigerian Exchange (NGX) Limited closed at a level last seen in August 2008 on Tuesday after it recorded a growth of 1.04 per cent. This pushed the All-Share Index (ASI) higher by 486.64 points to 47,111.21 points from 46,624.67 points and raised the market capitalisation by N489 billion to N25.387 trillion […]
Trading rebounds on NGX with N215 billion growth
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The Nigerian stock market on Thursday returned to positive territory with capitalisation growing by N215 billion. The market capitalisation, which opened at N25.289 trillion inched higher by N215 billion or 0.85 per cent to close at N25.504 trillion. Also, the All-Share Index (ASI) increased by 399.14 points or […]
Stock Market Down N79bn on Profit-taking in BUA Food, Others
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday sustained the down trend of prior day as profit-taking witnessed in BUA Foods Plc and 20 others caused a N79billion decline in the market capitalisation. The overall market capitalisation value lost N79 billion to close at N25.357 trillion, while the NGX All-Share Index […]
Zenith, Gtbank Lead List of Nigeria’s Most Valuable Banks in January
The list of Nigerian most valuable bank for the first month of 2022 has been revealed with Guaranty Trust Bank and Zenith bank keeping their positions The value of the banks were calculated using how much was added to their total share price as at Friday, December 31, 2021 Nigerian banking sector stocks continue to […]
Market Falls as Investors Sell-off MTN, Lafarge, Others for Profit
By Dipo Olowookere The Nigerian Exchange (NGX) Limited posted a 0.38 per cent decline on Wednesday as a result of profit-taking in MTN Nigeria, Lafarge Africa, GTCO, Zenith Bank and 29 others. In the previous trading sessions, the nation’s stock market had risen to levels last seen in 2008 as a result of renewed confidence […]