The reign of the bulls continued unabated on the equities sector of the Nigerian Exchange Limited (NGX), as many blue-chip stocks, especially BUA Foods and Academy Press join the league of gainers, resulting in a further rise in the All-Share Index (ASI) by 0.3 per cent. Specifically, the market capitalisation of listed equities increased by […]
By Dipo Olowookere The Nigerian Exchange (NGX) Limited turned red on Tuesday following activities of profit-takers, which weakened the local bourse by 0.09 per cent at the close of business. It was the first loss Nigerian stocks were witnessing in 2022 as the five previous trading sessions have all ended in the positive territory. What […]
The domestic equities market sustained its bearish trend on Wednesday due to losses recorded by MTN Nigeria Communications (MTNN) and 13 others. Specifically, the market capitalisation inched lower by N75 billion or 0.34 per cent to close at N22.050 trillion from N22.125 trillion recorded on Tuesday. Also, the All-Share Index lost 144.35 points or 0.34 […]
Nigerian Stock Market trade floor (Photo Credit: Bloomberg) The domestic equities market sustained its positive run on Thursday as demand for Lafarge Africa and FBN Holdings spurred a third consecutive gain in the market. Specifically, the All-Share Index inched higher by 131.19 points or 0.30 per cent to close at 43,607.94 from 43,476.75 posted on […]
BUA Cement Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) gained N70 billion on sustained bargain hunting in BUA Foods, Lafarge Africa, Nigerian Exchange Group (NGXGroup), UAC of Nigeria (UACN), United Capital and 20 other stocks. The appreciation drives NGX All Share Index (ASI) by 131.19 basis points or 0.30 per cent […]
Following gains recorded by many blue-chip companies, especially Airtel Africa and Oando, the equities market sustained a rising profile yesterday, as market capitalisation appreciated further by N450 billion. At the close of trading yesterday, the All-Share Index (ASI), which measures the performance of quoted companies, rose by 450.52 points or 1.0 per cent to 43,476.75 […]
NGX Group Kayode Tokede A total of 16 companies worth N109.11billion in market capitalization have failed to comply with post-listing requirements of the Nigerian Exchange Limited (NGX) of filing audited result and accounts at stipulated period, THISDAY investigation has revealed. THISDAY learnt that three out of the 16 companies have not remitted six years results […]
Nigerian stocks Nigerian stocks yielded 1.37 per cent in the just concluded week even though trade volume dropped by more than one-fifth. As investors, analysts and market-watchers look forward to release of full-year 2020 financials, the watchword for investors will be stocks with sound fundamentals , capable of delivering strong earnings. PREMIUM TIMES has assembled […]
Floor of the Nigerian Stock Exchange Nigerian stocks depreciated by 0.09 per cent on Tuesday in their worst show since year start as investors dumped food and beverages stocks led by Nestle and Nigerian Breweries, and partial profit-booking weighed. Drop in the share prices of NGX Group and UBA strengthened the loss, with the underwhelming […]
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) […]
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