More corporate reports for the 2021 financial year are due this week through the end of February and the current uptrend in the market will likely hang on them for sustainability if they are generally impressive. Stocks and sectors offering promise of strong return, dividend and scrip should be the focus of retail investors as […]
By Dipo Olowookere Despite witnessing a positive investor sentiment, the Nigerian equities market closed flat on Tuesday, with the key performance indicators almost remaining unchanged at the close of transactions. The All-Share Index (ASI) was marginally higher by 1.54 points to 47,064.82 points from 47,063.28 points, while the market capitalisation was slightly up by N1 […]
The dominance of the bulls continued unabated for the third consecutive session, yesterday, as almost all the blue chip stocks recorded price appreciation, resulting in a further rise in market capitalisation by N248 billion. At the close of transactions on the Nigerian Exchange Limited (NGX), the all-share index (ASI) rose by 460.38 basis points to […]
The nation’s equity market yesterday closed on positive note, appreciating by N318 billion or 1.28 per cent to N25.073 trillion from N24.755 trillion reported the previous day. The NGX All Share Index (ASI) also appreciated by 590.48 basis points to 46529.99 points from 45939.51 points traded the previous day. Investors during the day traded 328.997 […]
Kayode Tokede The stock market capitalisation of the Nigerian Exchange Limited (NGX) crossed the N25 trillion mark yesterday, supported by foreign investors’ demand for Airtel Africa stock that gained 10 per cent. In summary, the NGX All-Share Index (ASI) grew by 590.48 basis points or 1.29 per cent to close at 46,529.99 basis points from […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further appreciated by 1.01 per cent on Thursday amid renewed interest in local stocks, with Dangote Cement, Cadbury Nigeria and others enjoying the patronage of investors. This sustained growth is making the All-Share Index (ASI) inch closer to 46,000 points as it further grew by 460.38 points […]
Floor of the Nigerian Stock Exchange Market Nigerian stocks scaled up by 1.29 per cent (or N324 billion) on Wednesday, on track for another week of positive yield as telecom powerhouse Airtel and Ecobank Transnational Incorporated (ETI) led the advance. Airtel continued to draw interest from investors, garnering 10 per cent gain, the maximum daily […]
The domestic equity market index Tuesday continued its bearish run declining by 6.14 basis points to close at to 42388.57 points, down from 42394.71 points traded the previous day. Market capitalisation of listed equities droped slightly by N3 billion or 0.01 per cent to N22.125 trillion from N22.128 trillion reported on Monday. Investors’ traded 275.930 […]
By Dipo Olowookere A total of 965.1 million shares worth N12.5 billion exchanged hands in 14,802 deals last week compared with the 1.3 billion shares worth N15.3 billion exchanged in 18,292 deals a week earlier. Trading in UACN, FBN Holdings and Sovereign Trust Insurance accounted for 378.6 million units valued at N3.3 billion transacted in […]
Nigerian equities saw a weak movement in price movement for the second day on the trot on Tuesday, inching up by as little as 0.01 per cent even though the quantity of shares traded rose by 94 per cent when set beside what was recorded on Monday. Investors placed sell orders on millions of shares […]
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