By Aduragbemi Omiyale The last three trading sessions of 2021 on the floor of the Nigerian Exchange (NGX) Limited were mixed as the market closed positive for two days and negative for a day. The exchange operated for only three days as a result of the public holidays observed last Monday and Tuesday for the […]
The Nigerian Exchange Limited (NGX) reopened on a downturn yesterday, occasioned by losses in many highly capitalised stocks, especially BUA cement and MTNN, causing market capitalisation to decline by N238 billion. The market resumed trading activities yesterday, after the Yuletide holidays declared by the Federal government on Monday and Tuesday, December 27th and 28th, 2021 […]
The Nigerian Exchange Limited (NGX) sustained a rising profile at the end of yesterday, as bargain hunting in the shares of 20 blue-chip companies lifted market capitalisation further by N218 billion. Specifically, the All-Share Index (ASI) grew by 416.24 absolute points, representing an increase of 0.99 per cent to close at 42,435.16 points. While market […]
The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit-taking. Speficially, the market capitalisation which opened at N22.060 trillion lost N238 billion or 1.08 per cent to close at N21.822 trillion. Also, the All-Share Index inched lower by 455.75 points or 1.08 per cent […]
By Chinyere Joel-Nwokeoma The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit taking. Speficially, the market capitalisation which opened at N22.060 trillion lost N238 billion or 1.08 per cent to close at N21.822 trillion. Also, the All-Share Index inched lower by 455.75 points […]
Trading activities on the floor of Nigerian Exchange (NGX) Thursday sustained declining position as valued of equities close southwards, shedding N71 billion. Specifically, market capitalisation of listed equities declined further by N7 billion or 0.03 per cent to N22.043 trillion from N22.050 trillion reported the previous day. The NGX All Share Index also depreciated by […]
INVESTORS seeking competitive and stable returns should consider a portfolio of value stocks in financial services, oil and gas, manufacturing, telecommunications and agriculture. In its latest “Top Picks”, FSDH Capital, an investment banking group, selected 10 stocks that provide reasonable assurance of returns as the full-year earnings cycle draws near. The model portfolio by analysts […]
Sustained Sell Pressure Trims Stock Investors’ Wealth by N34bn By Dipo Olowookere The wealth of stock investors in Nigeria was trimmed by N34 billion on Thursday after the Nigerian Exchange (NGX) Limited further depreciated by 0.15 per cent. Sustained sell pressure extended the stay of the bears on Customs Street by another trading session as […]
The 98 leading companies on the Nigerian Exchange Limited, NGX have recorded combined turnover of N6.1trillion in the first half of 2021, H1’21. The companies’ H1’21 combined turnover was 17.57 per cent more than the N5.2 trillion recorded in the same period in H1’20. Financial Vanguard findings from the financial reports they turned over to […]
Trading activities on the Nigerian equities market yesterday closed with a decline of N3 billion, to extend the bearish sentiment to two consecutive trading days on sell-off in 15 stocks. Market watchers attributed the decline mostly to sell-off in the financial sectors, as investors lost N54 billion in two trading days. In summary, the All-Share […]
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