Nigerian Exchange Group (NGX) Transactions on the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, to end trading for the month of August lower, as sell-pressure in highly capitalised stocks dragged market capitalisation further by N56 billion. Specifically, at the close of transactions yesterday, the All Share Index (ASI) fell by 107.06 points or […]
Negative trading persisted on the Nigerian Exchange (NGX) Ltd on Tuesday with key market indices dropping further by 0.27 per cent due to end of month rebalancing. Consequently, the NGX All-Share Index closed the last trading day in August negative, dropping 108.06 points or 0.27 per cent to 39,218.61 from 39, 326.67 on Monday. Accordingly, […]
The Nigerian stock market gained N290bn at the end of trading last week as the All-Share Index of the Nigerian Exchange Limited rose by 1.48 per cent to 38,212.01 basis points. The market capitalisation increased to N19.92tn on Friday from N19.63tn the previous week. According to Cordros Research, buying interest in Nestle Nigeria Plc and […]
Capital market. Photo: SHUTTERSTOCK The capital market closed trading for the First Half (H1) yesterday, in an upbeat as price gains outweighed losses, leading to an appreciation in the market capitalisation by N139 billion. At the close of trading, the all-share index (ASI) grew by 266.53 absolute points, representing an increase of 0.71 per cent […]
Overall sentiment on African equity markets was bearish. Among the markets we cover, 11 of them retreated this week and 6 advanced. Zimbabwe led the pack as equities in Harare rallied 5.93%. Conversely, Ugandan equities lost 2.62% over the 5-day period. West Africa BRVM – Bulls were back on the Western Africa regional exchange. The […]
Overall sentiment on African equity markets was bearish. Among the markets we cover, 11 of them retreated this week and 6 advanced. Zimbabwe led the pack as equities in Harare rallied 5.93%. Conversely, Ugandan equities lost 2.62% over the 5-day period. West Africa BRVM – Bulls were back on the Western Africa regional exchange. The […]
Johnson Okafor The Nigerian equity market, on Thursday, sustained its positive outlook for the third trading session as the All-Share Index and the market capitalisation rose further by 0.11 per cent. The market breadth closed positive as the number of gainers at the close of trading session was 32 while decliners were 16. The ASI […]
Nigerian Stock Exchange Stock Investors Gain N375bn As Market Cap Hits N20.28trn Transactions in the equities market, on Wednesday, sustained bullish rally as the Nigerian Stock Market All-Share Index appreciated by 2.40 per cent. The market breadth closed positive with 26 gainers against seven losers. The ASI grew by 910.13 basis points from 37,893.61 index […]
Following sustained bargain-hunting in the shares of most blue-chip stocks, the Nigerian equity market extended a bullish run to three consecutive sessions, yesterday, as the All-Share Index (ASI) increased further by 0.11 per cent. At the close of transactions Wednesday, the ASI expanded by 45.10 absolute points, or 0.11 per cent increase to close at […]
Johnson Okafor Equity trading on the floor of the Nigerian Stock Exchange on Tuesday closed on a positive note with a gain of N75bn as the bulls regained grip on trading activities. The Nigerian Stock Exchange All-Share Index appreciated by 0.36 per cent with market breadth closing positive with 27 gainers against 20 losers. The […]
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