[FILES] Photo/facebook/ngxgroup The bears maintained dominance on the equities sector of the Nigerian Exchange Limited, (NGX) for the second successive session yesterday, as many blue-chip stocks depreciated in price, resulting in a further decline in market capitalisation by N47 billion. In summary, the All-Share Index (ASI) declined by 87.81 absolute points, representing a decrease of […]
Tag: XNSA_MULTIVERSE
Dangote cement, 17 stocks lead NGX N280 billion loss
Dangote cement Transactions on the Nigerian Exchange Limited (NGX) closed on a downward note yesterday, occasioned by losses in shares of Dangote cement and 17 companies, causing market capitalisation to decline by N280 billion. At the close of trading yesterday, the All-Share Index declined by 520.76 per cent, representing a decrease of 1.12 per cent, […]
Stock Market Drop N280bn on Profit-taking in Dangote Cement, 17 Others
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) yesterday dropped by N280billion on investors’ profit taking in Dangote Cement and 17 others. The NGX All-Share Index declined by 520.76 basis points or 1.12 per cent, to close at 46,009.23 points. Similarly, the overall market capitalisation value lost N280 billion to close at […]
Stock Market Crosses N25trn Mark Amid Demand for Airtel Africa, Others
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 […]
Stock Market Depreciates by N13bn on Investors’ Sell-off in NGX Group, Others
Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) depreciated by N13 billion in its Week-on-week (WoW) performance as bearish sentiment resurfaced on the domestic bourse. Investors profit-taking in Unilever Nigeria Plc, Nigerian Exchange Group (NGXGroup) and CUTIX Plc shares down the market capitalisation to N21.926trillion last week. Hence, the NGX All-Share Index […]
NGX to deepen market with financial derivatives as capitalisation sheds N19bn
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 […]
Stock investors gain N60bn as Seplat, 30 others rise
’Femi Asu Investors in the nation’s stock market gained N60bn on Monday as Seplat Petroleum Development Company Plc and 30 other firms recorded price appreciation. The Nigerian Stock Exchange All-Share Index rose by 0.33 per cent to close at 40,571.67 basis points on Monday from 40,439.85bps on Friday. The market capitalisation of listed equities increased […]
NSE closes last trading day in November with 0.45% growth
STOCK The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, […]
NSE closes last trading day in November with 0.45% growth
The nation’s bourse closed for the last trading day in November with a growth of 0.45 per cent following price appreciation posted by Airtel Africa and 16 other stocks. Specifically, the All-Share Index on Monday rose by 156.63 points or 0.45 per cent to close at 35,042.14 compared with 34,885.51 achieved on Friday. Also, the […]