Profit-Taking Persist as Stock Market Drops by N18bn

Profit-Taking Persist as Stock Market Drops by N18bn

Darasimi Adebisi Transactions on the Nigerian equities market yesterday closed on a negative note, taking the trading losses to the third consecutive day as investors’ profit-taking down market by N18 billion. The Nigerian Exchange Limited (NGX) All-Share Index (ASI) dipped by 35.43 basis points, representing a decline of 0.09 per cent, to close at 39,184.18 […]

Market Capitalisation Up N2bn as Stock Market Ends Bearish Trend

Market Capitalisation Up N2bn as Stock Market Ends Bearish Trend

Darasimi Adebisi The Nigerian equities market yesterday closed trading activities in the green, to halt the six-days of consecutive bearish trend. The market upturn was due to investors’ renewed buying interest in the Financial and Industrial sectors, as capitalisation gained N2 billion. In summary, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) grew by 4.88 […]

Stock market rebounds as index appreciates by 0.2 per cent

Stock market rebounds as index appreciates by 0.2 per cent

Nigerian Exchange Group (NGX) The Nigerian equities market reversed losses to close in an upward note yesterday, as the All-Share Index appreciated by 0.2 per cent. Specifically, the All-Share Index (ASI) grew by 68.01 absolute points, representing a rise of 0.2 per cent, to close at 39,252.19 points. Similarly, the overall market capitalisation value gained […]

Stock trading volume crashes by 78%, investors lose N51bn

Stock trading volume crashes by 78%, investors lose N51bn

Stock market activities on Monday declined as trading volume and value of shares dropped by 77.99 per cent and 73.49 per cent respectively, with investors losing N51.03bn as trading ended. The Nigerian Exchange Limited, formerly Nigerian Stock Exchange All-Share index dropped by 0.25 per cent to close at 38,864.33 basis points from 38,962.28bps. The market […]

Buy-interest In GTCO, Oando, Others LiftStock Market by N11bn

Buy-interest In GTCO, Oando, Others LiftStock Market by N11bn

Darasimi Adebisi The equities market of the Nigerian Exchange Limited (NGX) yesterday closed trading activities on a positive note, halting the three consecutive trading losses as investors’ investment went up by N11 billion. The positive performance was driven by investors’ buy-interest in Insurance, Oil & Gas, and Consumer Goods stocks listed on the NGX. Consequently, […]

Nigeria: Sell-Sentiment On Insurance, Industrial Goods Sectors Drags Stock Market Lower By U.S.$123 Million

Nigeria: Sell-Sentiment On Insurance, Industrial Goods Sectors Drags Stock Market Lower By U.S.$123 Million

The Nigerian equities market yesterday closed transactions on a negative sentiment to halt the bullish sentiment of two consecutive trading sessions at the close of trade last Friday, as investors lost N51.03billion. The downturn was buoyed by investors’ sell-sentiment on the Insurance and Industrial Goods sector. In summary, the Nigerian Exchange Limited (NGX) All-Share Index […]

Sell-sentiment on Insurance, Industrial Goods Sectors Drags Stock Market Lower by N51.03bn

Sell-sentiment on Insurance, Industrial Goods Sectors Drags Stock Market Lower by N51.03bn

Darasimi Adebisi The Nigerian equities market yesterday closed transactions on a negative sentiment to halt the bullish sentiment of two consecutive trading sessions at the close of trade last Friday, as investors lost N51.03billion. The downturn was buoyed by investors’ sell-sentiment on the Insurance and Industrial Goods sector. In summary, the Nigerian Exchange Limited (NGX) […]

Nigeria: Profit-Taking Persist As Stock Market Commences Week On Negative Note

Nigeria: Profit-Taking Persist As Stock Market Commences Week On Negative Note

The Nigerian equities market yesterday closed on a negative note, to halt the two consecutive days of positive sentiment trading by investors at the close of business the previous week. At the close of trading yesterday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) declined by 8.12 basis points, representing a drop of 0.02 per […]