[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_PRESTIGE
Eterna, CWG Close as Worst-Performing Stocks as Market Sheds 0.02%
By Dipo Olowookere The Nigerian Exchange (NGX) Limited suffered a marginal 0.02 per cent loss on Monday following sell-offs in some equities like Eterna, MTN Nigeria, CWG, GTCO and others. Eterna and CWG closed the trading session as the worst-performing stocks after losing 10.00 per cent each to settle at N5.04 and 99 kobo respectively. […]
Nigerian Equities Sustain Positive Vibes, Open Week Higher by 0.91%
By Dipo Olowookere The positive vibes seen at the Nigerian Exchange (NGX) Limited remained on Monday, January 31, 2022, with a further appreciation of 0.91 per cent. Data showed that buying pressure on Nigerian equities persistent at the last trading session of the first month of the new year, with interest in RT Briscoe, NGX […]
NGX gains N226 billion in last January trading
Nigerian Exchange [Photo Creadit: Business Live Nigeria] The nation’s bourse opened the week on Monday upbeat to close its last trading day in January with a gain of N226 billion driven by high demand for shares of MTN Nigeria Communications (MTNN). Specifically, the market capitalisation, which opened the week at N24.898 trillion inched higher by […]
Ecobank Emerges as Best-performing Stock of the Week
By Dipo Olowookere The Nigerian Exchange (NGX) Limited further closed on a positive note last week, with the All-Share Index (ASI) rising by 0.55 per cent to 46,205.05 points and the market capitalisation appreciating by 0.54 per cent to N24.898 trillion. However, all other indices finished lower with the exception of main board, banking, AFR […]
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, […]
Industrial Goods Equities Drag NGX Index Down by 1.12%
By Dipo Olowookere The Nigerian Exchange (NGX) Limited depreciated by 1.12 per cent on Thursday as investors booked profit in Dangote Cement, Oando, FBN Holdings, Ardova and 14 other stocks. From the analysis of the trading details, industrial goods, insurance and energy sectors were the major drivers of the loss as they shed 3.25 per […]
Price Depreciation in Okomu, Oando Degrades NGX Index by 0.16%
By Dipo Olowookere The first trading session of the new week on the floor of the Nigerian Exchange (NGX) Limited ended on a negative note after a 0.16 per cent loss on Monday. The lowering of the NGX index was majorly due to price depreciation in Okomu Oil, Oando, GTCO, MTN Nigeria, FBN Holdings and […]
Equities reopen bearish as 23 stocks lead NGX N41 billion loss
Following price losses in many blue-chip stocks, especially Okomu oil and NEM Assurance, the Nigerian Exchange (NGX) reopened on a downturn yesterday, market capitalisation declined by N41 billion. At the close of trading yesterday, the All-Share Index declined by 76.53 per cent, representing a decrease of 0.16 per cent, to close at 47,203.39 points. Similarly, […]
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 […]