The Nigerian stock market, yesterday, closed transactions on a positive note to halt the bearish sentiment of two consecutive trading days, as capitalisation gained N382 billion. Market analysts stated that, the upturn was buoyed by buy-interest on blue-chip stocks of the industrial, consumer goods, and banking sectors. The All Share Index (ASI) increased by 733.30 […]
Nigerian Stock Exchange Stock Market Decline By N82.83bn On Profit-taking Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion from N20.57trillion it opened for trading, […]
The Nigerian equities market commenced the week on a negative note yesterday following drive by investors to take profit in banking and insurance shares. Accordingly, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) dropped by 37.45 basis points, representing a decline of 0.10 per cent, to close at 38,906.42 basis points. Similarly, the market capitalization […]
Darasimi Adebisi The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications (MTN) and 13 others. At the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at […]
Darasimi Adebisi Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion from N20.57trillion it opened for trading, while Nigerian Exchange Limited (NGX) All-Share Index (ASI) […]
Nigerian Exchange Group (NGX) The Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses incurred by most blue-chip stocks, especially by Champion Breweries and Eterna Plc, as market capitalisation depreciated by N83 billion. The All-share index slumped by 158.98 points to 39,326.67 from 39,485.65 posted on Friday. Similarly, market capitalisation of […]
The Nigerian equities market yesterday closed on a negative note, to halt the two consecutive days of positive sentiment trading by investors at the close of business the previous week. At the close of trading yesterday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) declined by 8.12 basis points, representing a drop of 0.02 per […]
Negative sentiments continued on the nation’s bourse on Wednesday with the market capitlisation dropping further by N6 billion following sell pressure of some blue chips. Speficially, the market capitalisation lost N6 billion or 0.03 per cent to close at N20.210 trillion compared with N20.216 trillion achieved on Tuesday. In the same vein, the All-Share Index […]
The Nigerian stock market recorded a loss last week as the market capitalisation of equities fell below N20tn. The Nigerian Exchange Limited All-Share Index depreciated by 0.57 per cent to close the week at 37,994.19 basis points compared to 38,469.87 the previous week. Tier-one banks, including Access Bank Plc, United Bank for Africa Plc and […]
Following gains by some blue-chip stocks, the Nigerian Exchange (NGX) Limited sustained an uptrend trend yesterday, pushing the market capitalisation to close at N20.027 trillion. The All-Share Index (ASI) grew by 198.03 absolute points, representing an increase of 0.52 per cent to close at 38,418.04 points. Similarly, the overall market capitalisation value gained N104 billion […]
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