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 […]
Nigerian Stock Exchange The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by 528.15 points, representing a growth of 1.26 per cent to 42,411.12 points. Accordingly, investors gained N276 billion in […]
By Dipo Olowookere The first trading session of the week on the floor of the Nigerian Exchange (NGX) Limited finished on a positive note as it closed 1.26 per cent higher. The growth was influenced by buying interests in shares in the industrial goods sector, especially Dangote Cement and others. Consequently, the All-Share Index (ASI) […]
The Nigerian Exchange Limited (NGX) sustained a rising profile at the end of yesterday, as bargain hunting in the shares of 20 blue-chip companies lifted market capitalisation further by N218 billion. Specifically, the All-Share Index (ASI) grew by 416.24 absolute points, representing an increase of 0.99 per cent to close at 42,435.16 points. While market […]
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) closed on a positive note last week as investors renewed interest in blue chips listed companies. Amid the bargain hunting activity on the NGX All-Share Index rose week-on-week (W-o-W) by 470.34 basis points or 1.12 per cent to close at 42,353.31 basis points. Similarly, […]
Stock exchange. Photo/PIXABAY Profit-taking in many blue-chip stocks, especially in UPDC Real Estate Investment Trust (UPDC REITS) and Japaul Gold and Ventures, dragged transactions on the Nigerian Exchange Limited (NGX) to reverse gains, causing market capitalisation to dip by N49 billion. In summary, the All-Share Index (ASI) dropped 93.60 absolute points, representing a decrease of […]
NGX Insurance Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday extended its investors’ profit-taking position on the heels of sell pressure on MTN Nigeria, Guaranty Trust Holdings Company Plc, Zenith Bank Plc and 31 other stocks. The likes of MTN Nigeria dropped by 1.1 per cent to close at N169.20, while […]
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 […]
Nigerian stock market trading floor The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others. Specifically, the market capitalisation dropped further by N113 billion or 0.51 per cent to close at N22.044 trillion from N22.157 trillion on Wednesday. Similarly, the All-Share Index which opened […]
Bargain-hunting in many blue-chip stocks, especially Red Star Express and Meyer, aided the Nigeria Exchange Limited’s (NGX) rebound yesterday, as the All-Share Index (ASI) increased by 0.09 per cent. Specifically, at the close of transactions yesterday, the ASI rose by 39.84 absolute points, representing a growth of 0.09 per cent to close at 42,357.36 points. […]
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