By Dipo Olowookere The first trading session of the new week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note after a 0.16 per cent loss on Monday. The lowering of the NGX index was majorly due to price depreciation in Okomu Oil, Oando, GTCO, MTN Nigeria, FBN Holdings and […]
[FILES] Nigerian Exchange Group (NGX). Photo/facebook/ngxgroup The volume of shares traded on the Nigerian Exchange Limited (NGX) soared last week, as a turnover of 1.785 billion shares worth N19.6 billion was recorded in 27,822 deals. This was higher than 1.448 billion units valued at N19 billion that changed hands in 22,557 deals the preceding week. […]
Stocks that helped the market’s positive start to a new month include Seplat Energy Plc, Conoil Plc, Academy Press Plc, RT Briscoe Plc and Presco Plc. Nigeria’s equities market opened month of February on a positive note (+1.04percent or N262billion), pushing higher this year’s positive return to +10.29percent. Stocks that helped the market’s positive start […]
The Nigerian equity market has started the year 2022 strong. The All-Share Index (ASI) in the month of January has gained 9.15%% for the month starting at 42,716.44 basis points to ending at 46,624.67 basis points. The market capitalization also grew in similar fashion from N22.3 trillion at the beginning of the month only to […]
By Dipo Olowookere The shares of RT Briscoe increased by 40.00 per cent on the floor of the Nigerian Exchange (NGX) Limited last week, closing at 28 kobo per unit, giving shareholders of the company something to smile about. It led 42 equities on the gainers’ chart in the five-day trading week, lower than the […]
The list of Nigerian most valuable bank for 2021 has been revealed with Guaranty Trust Bank and Zenith bank leading the list 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 remains one of the most traded […]
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 Nigerian stocks yielded 1.37 per cent in the just concluded week even though trade volume dropped by more than one-fifth. As investors, analysts and market-watchers look forward to release of full-year 2020 financials, the watchword for investors will be stocks with sound fundamentals , capable of delivering strong earnings. PREMIUM TIMES has assembled […]
Zenith Bank, GT Holdings, and FBN Holdings led the list of most valuable banks listed in the Nigerian Stock market, with a market value of N789.6 billion, N765.2 billion, and N409.2 billion respectively as of the end of 2021. The sector, NGX banking index recorded a 3.32% gain in 2021, failing to live up to […]
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 […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.