Trading at the domestic bourse started the week on Monday still on negative mood, taking the bearish sentiment to six consecutive trading sessions. The price depreciation was due to profit-taking sentiments in all the major sectors except the consumer goods and banking sectors. Specifically, the All-Share Index shed 6.16 points or 0.02 per cent to […]
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 […]
NGX trading floor Nigerian stocks cringed by 0.25 per cent on Monday as trade volume crashed by more than three-fourths, stoking fears as to when lasting buoyancy will return to the market. BUA Cement and GTCO, two heavyweight equities, triggered the pullback, which in monetary terms equalled N51 billion. “We expect the market to remain […]
Dealers at the Nigerian Stock Exchange By Chinyere Joel-Nwokeoma Trading at the domestic bourse started the week on Monday still on negative mood, taking the bearish sentiment to six consecutive trading sessions. The price depreciation was due to profit-taking sentiments in all the major sectors except the consumer goods and banking sectors. Specifically, the All-Share […]
Eromosele Abiodun The Nigerian equities market closed lower at the close of trading yesterday as the Nigerian Exchange Limited (NGX) All-Share Index or ASI, which sjows the direction of the market decreased by 0.12 per cent to close at 39,204.52pts. Yesterday’s performance was mainly due to the losses recorded in SCOA Nigeria Plc (-9.72%), VERITASKAP […]
The Nigerian equities market sustained a sliding profile yesterday, occasioned by losses in many blue-chip stocks, especially, Cornerstone Insurance and Universal Insurance, causing market capitalisation to depreciate further by N1 billion. However, the volume of activities increased by 144.981 million as investors traded 355.935 million shares valued at N2.871 billion in 4241 deals against 210.954 […]
Access Bank Stocks were moderately weaker in the just-concluded week, further surrendering to the sheer force of desperation by some investors to cash in on recently accumulated gains ahead of others. The trend is having vile implications for sentiment, and that could be worsened by the gloom already created by absence of investors’ cash needed […]
Darasimi Adebisi The Nigeria equities market yesterday sustained prior day’s gains by N24.92 billion, due to buying interest in MTN Nigeria Communications (MTN) and 13 others. At the close of trade, the Nigerian Exchange Limited (NGX) All Share Index (ASI) increased by 47.84 basis points, representing a growth of 0.12 per cent to close at […]
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, […]
Darasimi Adebisi Transactions on the Nigerian equities market yesterday closed the first trading session of the week on a negative note with a decline of N82.83billion as profit-taking dominated all the major sectors. The overall market capitalisation dropped to N20.490 trillion from N20.57trillion it opened for trading, while Nigerian Exchange Limited (NGX) All-Share Index (ASI) […]
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