By Dipo Olowookere Last week, investors transacted 457.0 million shares of Fidelity Bank, UBA and GTCO worth N4.5 billion in 4,982 deals, contributing 38.85 per cent and 26.92 per cent to the total weekly trading volume and value respectively. According to data from the Nigerian Exchange (NGX) Limited, a total of 1.2 billion shares worth […]
Conoil, Sterling Bank among top gainers as Nigeria’s stock market rebounds from bearish run | The Paradise News Investors at the Nigerian stock market went home with a mere N3.97 billion following the rise in equity capitalisation to N25.418 trillion on Wednesday. The figure was N3.97 billion higher than the N25.414 trillion posted by the […]
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 […]
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