Gains in 30 stocks lift capitalisation further by N69 billion

Gains in 30 stocks lift capitalisation further by N69 billion

Transactions on the Nigerian Exchange Limited (NGX) continued in an upbeat mood yesterday, as gains in 30 stocks lifted market capitalisation further by N69 billion. Specifically, market capitalisation of listed equities increased by 0.27 per cent to N25.480 trillion from N25.411 trillion reported on Wednesday. Also, the NSE All Share Index, which measures the performance […]

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

Losses in BUA Foods, 20 others dip capitalisation by N79 billion

The Nigerian equities market sustained a sliding profile at yesterday’s transactions, occasioned by losses in the shares of BUA Foods and 20 others, causing market capitalisation to dip further by N79 billion. Yesterday, the All-Share Index declined by 146.15 per cent, representing a decrease of 0.31 per cent, to close at 47,057.24 points. Similarly, the […]

Stock Market Down N98bn onSell-off in MTN, Zenith Bank, 31 Others

Stock Market Down N98bn onSell-off in MTN, Zenith Bank, 31 Others

NGX Group Kayode Tokede Investors’ profit-taking in MTN Nigeria, Zenith Bank Plc, 31 other stocks down the Nigerian Exchange Limited (NGX) by N98billion. The overall market capitalisation value yesterday lost N98 billion to close at N25.289 trillion from N25.387trillion it opened for trading. Consequently, the NGX All-Share Index declined by 180.5 basis points or 0.38 […]

Trading rebounds on NGX with N215 billion growth

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 […]

NGX sustains bearish trend as MRS, others drag indices further by N71b

NGX sustains bearish trend as MRS, others drag indices further by N71b

[FILES] Nigerian Exchange Group (NGX). Photo/facebook/ngxgroup Trading activities on the floor of the Nigerian Exchange (NGX) sustained a sliding profile yesterday due to losses in the shares of many blue-chip firms, especially MRS and Chams, causing market capitalisation to depreciate further by N71 billion. Specifically, market capitalisation of listed equities declined by 0.31 per cent […]

Unity Bank, Dangote Sugar Among List of Companies Stocks Underperforming on the Nigerian Exchange

Unity Bank, Dangote Sugar Among List of Companies Stocks Underperforming on the Nigerian Exchange

According to the Nigerian Exchange, there are over 156 listed firms with a total market capitalization of over N21 trillion While some companies’ stocks have made billions for shareholders, many are left to count their losses As the year draws to a conclusion, many people’s prospects of recovering are dwindling, while others will just have […]