Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday closed on a negative note with a decline of 0.01 per cent as investors’ take profit in MRS Oil Nigeria Plc, Eterna Plc and 19 other stocks. The stock market performance of yesterday witnessed Eterna dropping by 9.91, MRS Oil Nigeria depreciated by […]
Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed on a downward note yesterday, as the All-Share Index (ASI) depreciated by 0.01 per cent. Specifically, the ASI declined by 4.99 absolute points, representing a decrease of 0.01 per cent, to close at 43,255.14 points. However, the […]
By Dipo Olowookere Nigeria’s main stock market was down by 0.68 per cent on Friday, thanks to the profit-taking in shares of MTN Nigeria, UPDC and 13 others. The equity price of UPDC went down by 9.47 per cent to N1.53, Livestock Feeds dropped 8.68 per cent to N2.00, Prestige Assurance fell by 8.51 per […]
NGX Insurance Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) appreciated marginally by N596.41 million amid the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retaining all policy parameters in order to further boost the nation’s economic growth. The MPC members unanimously voted yesterday to retain Monetary Policy Rate […]
The market capitalisation of stocks listed on the Nigerian Exchange Limited remained unchanged at the end of trading on Tuesday as trading volumes fell, reversing Monday’s uptrend. The NGX All-Share Index dipped by 4.99 basis points from 43226.27bps to 43.255.14bps on Monday, while the market capitalisation stood unchanged at N22.58tn. The market activities were bearish […]
The nation’s bourse on Tuesday closed in green, reversing negative mood following buying interest in BUA Cement. Specifically, the market capitalisation inched higher by N19 billion or 0.09 per cent to close at N21.925 trillion from N21.906 trillion recorded on Monday. Also, the All-Share Index rose by 36.60 points or 0.09 per cent to 42,013.39 […]
By Dipo Olowookere Trading activities at the nation’s stock market closed slightly positive on Tuesday as bargain hunting on a few stocks took the Nigerian Exchange (NGX) Limited back to the bulls’ territory. Business Post reports that Nigerian stocks appreciated by 0.09 per cent yesterday, though investor sentiment remained weak as the market closed with […]
Nigerian Stock Exchange Stock investors in the Nigerian Exchange Limited gained N19.11bn at the end of trading on Tuesday, despite negative sentiment in the market as 31 firms recorded losses as against 10 gainers. The NGX All-Share Index appreciated by 0.09 per cent to close at 42,013.39 basis points from 41,976.79bps on Monday, while the […]
Positive sentiments continued in the local bourse as major indicators showed bullish feeling as the market continued to witness bargain hunting for value stocks from investors who exited trading on Wednesday with N25 billion gains. Analysts at Afrinvest Research have, however, maintained that the bullish performance will be extended on the back of bargain hunting […]
By Dipo Olowookere The bulls extended their stay on the floor of the Nigerian Exchange (NGX) Limited on Wednesday following a 0.12 per cent growth, which was largely driven by MTN Nigeria, GTCO, Oando and Honeywell Flour Mills. Business Post reports that despite the positive outcome of the market, investor sentiment still remained negative as […]
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