Nigerian Stock Exchange (NGX) Nigerian stocks rebounded on Wednesday as the benchmark index climbed by 0.28 per cent, its first time since 28th February, supported by investors’ interest in consumer goods equities and a few bank shares. FBN Holdings led the march, supported by Nestle, Nigerian Breweries, United Capital and Presco. Of the five sector […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday closed transactions on a negative note, as investors’ sell-off in Seplat Petroleum Plc, 17 other stocks down the market by 0.01 per cent. Specifically, the NGX All-Share Index declined by six basis points or 0.01 per cent to close at 47,262.61 basis points […]
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 […]
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 […]
By Dipo Olowookere The positive vibes seen at the Nigerian Exchange (NGX) Limited remained on Monday, January 31, 2022, with a further appreciation of 0.91 per cent. Data showed that buying pressure on Nigerian equities persistent at the last trading session of the first month of the new year, with interest in RT Briscoe, NGX […]
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The nation’s bourse opened the week on Monday upbeat to close its last trading day in January with a gain of N226 billion driven by high demand for shares of MTN Nigeria Communications (MTNN). Specifically, the market capitalisation, which opened the week at N24.898 trillion inched higher by […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further closed on a positive note last week, with the All-Share Index (ASI) rising by 0.55 per cent to 46,205.05 points and the market capitalisation appreciating by 0.54 per cent to N24.898 trillion. However, all other indices finished lower with the exception of main board, banking, AFR […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited posted a 0.38 per cent decline on Wednesday as a result of profit-taking in MTN Nigeria, Lafarge Africa, GTCO, Zenith Bank and 29 others. In the previous trading sessions, the nation’s stock market had risen to levels last seen in 2008 as a result of renewed confidence […]
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 […]
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