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 […]
Activities in the domestic equities market carried on last week’s bearish performances with the indices dropping by 0.38 per cent, amid sell pressure. Thus, the All-Share Index declined by 159.31 points or 0.38 per cent to close at 42,008.60 from 42,167.91 on Friday. Consequently, the month-to-date loss increased to 2.9 per cent, while the year-to-date […]
The Nigerian Stock Exchange building (image used for illustration) [Reuters/Akintunde Akinleye] Activities in the domestic equities market carried on last week’s bearish performances with the indices dropping by 0.38 per cent, amid sell pressure. Thus, the All-Share Index declined by 159.31 points or 0.38 per cent to close at 42,008.60 from 42,167.91 on Friday. Consequently, […]
Two years after listing shares on the Nigerian Exchange Limited (NGX), MTN Nigeria Communications Plc, yesterday, announced the Group’s plans to sell up to 575 million shares by way of a book build to institutional investors and fixed price to retail investors. According to the company, the offer is expected to open in November 2021, […]
The Nigeria Exchange Limited (NGX) has stated that trading of financial derivatives in Nigeria through the organised exchange will play a pivotal role in developing the nation’s bourse and the economy. Speaking at a virtual 6th Market Data Workshop, NGX Chief Executive Officer, Temi Popoola, said trading in derivatives aligns with the exchange’s commitment to […]
The nation’s bourse on Tuesday closed in green, reversing negative mood following buying interest in BUA Cement. Specifically, the market capitalisation inched higher by N19 billion or 0.09 per cent to close at N21.925 trillion from N21.906 trillion recorded on Monday. Also, the All-Share Index rose by 36.60 points or 0.09 per cent to 42,013.39 […]
By Dipo Olowookere Trading activities at the nation’s stock market closed slightly positive on Tuesday as bargain hunting on a few stocks took the Nigerian Exchange (NGX) Limited back to the bulls’ territory. Business Post reports that Nigerian stocks appreciated by 0.09 per cent yesterday, though investor sentiment remained weak as the market closed with […]
Nigerian Stock Exchange Stock investors in the Nigerian Exchange Limited gained N19.11bn at the end of trading on Tuesday, despite negative sentiment in the market as 31 firms recorded losses as against 10 gainers. The NGX All-Share Index appreciated by 0.09 per cent to close at 42,013.39 basis points from 41,976.79bps on Monday, while the […]
Investors Photo: PIXABAY Investors have received over N732 billion from dividend payout by 58 companies across 10 sectors listed on Nigerian Exchange Limited (NGX) in nine months. A breakdown of the N732.91 billion dividend paid so far by listed firms on the exchange showed that out of the 58 companies, 21 emerged from the financial […]
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