Equity investors on the Nigerian Exchange Limited, formerly Nigerian Stock Exchange, gained N9.59bn at the end of trading on Friday with 28 companies recording growth in their share prices. The NGX All-Share Index and market capitalisation appreciated by 0.05 per cent to close the week at 38,962.28 basis points and N20.30tn respectively from 38,943.87bps and […]
Nigerian Exchange Group (NGX) The Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses incurred by most blue-chip stocks, especially by Champion Breweries and Eterna Plc, as market capitalisation depreciated by N83 billion. The All-share index slumped by 158.98 points to 39,326.67 from 39,485.65 posted on Friday. Similarly, market capitalisation of […]
The market loss was driven by price depreciation in large and medium capitalised stocks [Reuters/Akintunde Akinleye] Specifically, the market capitalisation which opened at N19.626 trillion lost N34 billion to close at N19.592 trillion. Also, the NGX All-Share Index dropped by 73.01 points or 0.19 per cent to close at 37,585.25, from 37,658.26 achieved on Friday. […]
Stock Exchange Bears’ dominance has remained unabated on the Nigerian Exchange Limited (NGX), as more bluechip stocks recorded price depreciation, causing the All-Share Index (ASI) to drop further by 0.19 per cent. Yesterday, the ASI dropped by 73.01 absolute point, representing a decline of 0.19 per cent to close at 37,585.25 points while the overall […]
The Nigerian Exchange (NGX) Limited has reviewed its sectoral market indices in order to reflect current trends at the stock market. The half-year review led to the entry and exit of some companies from several indices effective July 1, 2021. The Exchange explained that the indices were developed to allow investors to follow market movements […]
Nigerian equities rose a little higher by 0.09 per cent on Friday, helped by gains by bank stocks and palm oil maker Presco in a trading session, which marked the bourse’ third straight gain. The banking index recorded the fastest progress of the five sector indexes tracked by the Nigerian Exchange as it expanded 0.44 […]
Market sentiment was positive with 28 gainers in contrast with 24 losers [Reuters/Akintunde Akinleye] Reuters Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill. Specifically, the All-Share Index rose by 30.56 points or 0.08 per cent to close at […]
Gains by bellwethers such as MTN Nigeria Communications Plc, Ecobank Transnational Incorporated and FBN Holdings Plc helped to sustain the positive performance at the stock market yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.10 per cent. The NSE ASI closed higher at 25,407.96, while market capitalisation added N12.8 billion to […]
Goddy Egene Gains by bellwethers such as MTN Nigeria Communications Plc, Ecobank Transnational Incorporated and FBN Holdings Plc helped to sustain the positive performance at the stock market yesterday as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.10 per cent. The NSE ASI closed higher at 25,407.96, while market capitalisation added N12.8 […]
Nigerian Stock Exchange (NSE) Investors at the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria (NAN) reports. NAN reports that this was against 143.708 million shares worth N1.67 billion traded in 3,457 deals on Tuesday. The Financial […]
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