Gains recorded by many blue chip stocks lifted the Nigerian equities market yesterday, as market capitalisation appreciated by N6 billion. Yesterday, market capitalisation of listed equities increased by N6 billion to N24.755 trillion from N24.749 trillion reported on Monday. Also, the All-Share Index (ASI) appreciated by 11.24 basis points from 45928.27 points traded on Monday […]
Transactions on the equities sector of the Nigerian Exchange (NGX) market capitalisation increased by N28 billion yesterday, amid sustained bargain hunting in BUA foods and 27 stocks. Specifically, the All-Share Index (ASI) increased by 42.71 absolute points, representing a growth of 0.10 per cent to close at 43,897.13 points. Similarly, the overall market capitalisation size […]
NGX building used to illustrate the story The nation’s bourse kicked off the week on Monday still on a bullish note with bargain buying on Dangote Cement and other 27 stocks. Specificaly, the All-Share Index inched higher by 42.71 points or 0.10 per cent to close at 43,897.13 from 43,854.42 achieved on Friday. Accordingly, the […]
Nigerian stocks jumped for the fifth straight trading session on Monday, pushing the benchmark index up by 0.10 per cent and bringing it close to its summit in the roughly four years since January 29, 2018. Investors continued to warm to the shares of the bourse latest arrival BUA Foods, which had been steering every […]
Kayode Tokede The market capitalisation o f the Nigerian Exchange (NGX) yesterday rose by N28 billion amid sustained investors bargain hunting in 28 stocks. The NGX All-Share Index (ASI) increased by 42.71 basis points or 0.10 per cent to close at 43,897.13 basis points. Similarly, the overall market capitalisation size gained N28 billion to close […]
By Dipo Olowookere Nigeria’s main stock market was down by 0.68 per cent on Friday, thanks to the profit-taking in shares of MTN Nigeria, UPDC and 13 others. The equity price of UPDC went down by 9.47 per cent to N1.53, Livestock Feeds dropped 8.68 per cent to N2.00, Prestige Assurance fell by 8.51 per […]
Nigeria’s stock market was bearish all through last week, forcing the valuation of quite a number of equities to a lower point of depression. The last trickle of banks’ audited financials into the market was a mixed bag of improvement and setback in terms of performance and that had adverse implications for investors’ hunger to […]
The Nigerian equities market yesterday closed transaction on a negative note by shedding N25 billion to halt the five consecutive days gaining streak, as the Central Bank of Nigeria (CBN) held all policy parameters unchanged. The downturn was due to investors’ sell-off sentiment in some bellwether stocks, as the market awaits the release of more […]
The Nigerian Exchange Limited has imposed a total penalty of N719.7m on 14 companies listed on the stock market for late filing of their audited and interim financial statements. The NGX disclosed this under the ‘2021 default filings’ section of a report obtained by our correspondent on Tuesday. The companies that filed their financial statements […]
Nigerian stocks jump 0.53 per cent further Thursday as investors’ exuberance for and buy pressure on Stanbic IBTC Holdings shares drove trade, a day after the financial services group announced twin compensations for shareholders. The group on Wednesday announced N3.60 per share final dividend and a bonus issue of one new share for every six […]
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